European Central Bank May Cut Rates More Than Expected Amid Tariff Uncertainty

According to Odaily, Algebris Investments analyst Gabriele Foa has indicated in a report that the European Central Bank (ECB) might reduce interest rates more than the market currently anticipates due to uncertainties surrounding tariffs. Foa, a portfolio manager, noted that trade tensions and tariff developments could result in the end of the rate-cutting cycle being slightly lower than current market expectations. Data from LSEG shows that the money market currently predicts the ECB will cut rates by another 25 basis points in December. Foa suggests that the spillover effects of tariffs on Europe may take longer to manifest source: https://www.binance.com/en/square/post/27334467881353?utm_source=BinanceNewsRSS