Central Banks
ECB to Cut Key Rate Six Times by End of 2025, Survey Shows
- Deposit rate to settle at 2.25% in December next year
- Economic outlook has clouded with Germany struggling to grow
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The European Central Bank is now likely to cut its deposit rate once a quarter through the end of next year, a timetable that will see its easing cycle end sooner than previously anticipated, according to economists.
A Bloomberg survey of forecasters shows that benchmark hitting 2.25% in December 2025 following six consecutive quarter-point reductions. Previously, respondents predicted that such a level would be reached only in the second quarter of 2026.