Survey: ECB may implement last rate cut of this round in December
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最新报道：According to a survey from Bijie.com, European Central Bank officials will wait until December to implement their next interest rate cut, likely the final step in this cycle. Economists have pushed back their expectations for the next rate cut by three months compared to their July survey. They believe the deposit rate will fall to 1.75% at that time and remain at that level for nine to ten months, after which the ECB will be forced to reverse course as demand recovers. Waiting until the final decision in 2025 will give ECB policymakers more time to assess the impact of the trade turmoil unleashed by US President Trump. By December, policymakers will have third-quarter economic data, which will provide a clearer picture of the economy's underlying momentum after distortions caused by businesses preempting US tariffs earlier this year have dissipated. The new forecast will also provide their first glimpse into growth and inflation trends through 2028.
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