VIENNA — It is “conceivable” that the European Central Bank (ECB) will cut interest rates by 25 basis points (bps) at its next rate-setting meeting this month but not more, ECB policymaker Robert Holzmann said in a newspaper interview published on Wednesday.
Investors expect the ECB to cut interest rates at every one of its upcoming meetings at least through next June and the 3.25-percent deposit rate is now expected to end 2025 at 1.75 percent, a level low enough in the view of many economists to start stimulating growth.
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