Why economists believe the ECB will keep on cutting interest rates 😔

Why economists believe the ECB will keep on cutting interest rates 😔

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Why economists believe the ECB will keep on cutting interest rates
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The European Central Bank (ECB) is expected to lower interest rates further due to slowing growth and global trade tensions. Economists predict a total of 75 basis points of cuts over the next three meetings, with the deposit rate potentially falling to 1.5% by September. The recent dovish tone from the ECB's Governing Council reflects a shift towards prioritizing growth support amid increasing risks. Analysts anticipate continued cuts, with some suggesting deeper reductions depending on economic data.

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