Report
ECB meeting: “Disinflationary process well on track”
As widely expected, the ECB cut its deposit rate by 25bp at the October meeting. While President Lagarde was at pains to stress that there was no pre-commitment with respect to the next step, the ECB seems now more confident that underlying inflation is heading towards target next year. We continue to expect a 25bp cut in December and a terminal rate of 2% by June next year .
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Dirk Schumacher
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