On an annual basis, seasonally adjusted GDP increased by 0.9 percent in the eurozone, and by 1.1 percent in the European Union (EU) in Q4 of 2024. This followed growth rates of 0.9 percent and 1.0 ...
Money markets priced in an ECB deposit facility rate at 1.95% at the end of 2025 -- which implies three 25 bps cuts and a 20% chance of a fourth move by year-end -- from around 2.05% before data. The ...
Several members of the ECB’s Governing Council have already voiced such fears, stressing that the ECB should cut rates to a “neutral” level as quickly as possible. Deutsche Bank’s Mark Wall said in ...