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Barclays: The European Central Bank is expected to cut interest rates by 25bp next week

Barclays: The European Central Bank is expected to cut interest rates by 25bp next week

Bitget2025/04/09 05:43

Barclays economists said in a report that the European Central Bank may cut its policy rate by 25 basis points on April 17, reducing the deposit rate to 2.25%. They stated that this expected decision would be reasonable as inflation continues to slow down, approaching the European Central Bank's mid-term target of 2%, and the downside risks facing economic growth will become reality. They suggested that the European Central Bank might continue to describe inflation outlook risks as two-way, maintain a cautious attitude, avoid providing policy guidance for future decisions, and insist on making decisions at each meeting sequentially. Barclays predicts that the European Central Bank will cut interest rates by 25 basis points at each meeting before October, when the deposit rate will reach 1.25%.

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