Barclays expects the ECB to cut rates by 25bp in June, September and December


European Central Bank forecast from Barclays.

The ECB’s next monetary policy meeting is scheduled for June 5, 2025.

Market expectations suggest a high probability of another 25 basis point cut, potentially bringing the deposit rate down to 2.00%.

This outlook is influenced by concerns over global trade tensions and their impact on eurozone inflation and growth.

Barclays suggest the June cut is on, with another 25bp cut at each of the September and December meetings.

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