Central Banks
ECB Set to Cut Again But Tensions Cloud Path Beyond
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The European Central Bank is about to lower interest rates for the sixth time since June, though a volatile economic backdrop is sowing divisions over where to take borrowing costs from here.
Analysts polled by Bloomberg almost unanimously predict a quarter-point decrease in the deposit rate, to 2.5%, on Thursday. Beyond that, opinions vary greatly: One sees no more reductions while others reckon the benchmark will go all the way to 1% in early 2026.