The brokerage expects back-to-back cuts of 50 bps each in April and June
PHOTO
Deutsche Bank said on Wednesday it expects the European Central Bank to cut interest rates by 150 basis points (bps) next year, as compared to an earlier estimate of 100 bps.
The brokerage expects back-to-back cuts of 50 bps each in April and June.
(Reporting by Subhadeep Chakravarty; Editing by Sonia Cheema)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
