Jin Shi data on December 12th, Royal Bank of Canada Sermaye Piyasası strategist said in a report that the currency market is too aggressive in its expectations of future interest rate cuts by the European Central Bank. It is expected that the European Central Bank will not cut interest rates by more than 25 basis points at any future meeting, and the final interest rate will be higher than the current market pricing. Data shows that the current pricing of terminal deposit interest rates in the currency market is around 1.75%. However, the Royal Bank of Canada predicts that once the European Central Bank's deposit interest rate reaches 2.25%, the rate cuts will end. The deposit interest rate will reach 2.25% in April next year. As for tonight's meeting, Royal Bank of Canada strategists expect the European Central Bank to cut interest rates by 25 basis points.
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加皇银行：市场对欧洲Merkez Bankası降息的预期可能过于激进
Jin Shi data on December 12th, Royal Bank of Canada Sermaye Piyasası strategist said in a report that the currency market is too aggressive in its expectations of future interest rate cuts by the European Central Bank. It is expected that the European Central Bank will not cut interest rates by more than 25 basis points at any future meeting, and the final interest rate will be higher than the current market pricing. Data shows that the current pricing of terminal deposit interest rates in the currency market is around 1.75%. However, the Royal Bank of Canada predicts that once the European Central Bank's deposit interest rate reaches 2.25%, the rate cuts will end. The deposit interest rate will reach 2.25% in April next year. As for tonight's meeting, Royal Bank of Canada strategists expect the European Central Bank to cut interest rates by 25 basis points.