Fitch Ratings expects the European Central Bank to quicken the pace of interest rate cuts compared to its September Global Economic Outlook forecasts.
But it still expects rates will fall by 200 bps in the current policy easing cycle that began in June to 2 per cent by 2025-end.
Rates will be in restrictive territory throughout most of 2025 reflecting still high wage and services price inflation.
But it still expects rates will fall by 200 bps in the current policy easing cycle that began in June to 2 per cent by 2025-end.
Rates will be in restrictive territory throughout most of 2025 reflecting still high wage and services price inflation.
