.The survey presents that 64 of 77 financial experts (~ 85%) forecast the ECB is going to cut rates through 25 bps at next week's meeting and after that once again in December. 4 various other respondents count on just one 25 bps fee cut for the rest of the year while 8 are actually finding 3 fee cuts in each continuing to be meeting.In the August survey, 66 of 81 financial experts (~ 81%) viewed 2 even more price reduces for the year. So, it's not also primary an alter in views.For some situation, the ECB is going to meet upcoming full week and after that once again on 17 Oct just before the last appointment of the year on 12 December.Looking at market rates, traders possess basically entirely priced in a 25 bps fee reduced for following full week (~ 99%). When it comes to the remainder of the year, they are actually viewing ~ 60 bps of cost decreases at the moment. Appearing even further out to the first fifty percent of next year, there is actually ~ 143 bps really worth of rate cuts valued in.The nearly two-and-a-half rate cuts priced in for the rest of 2024 is visiting be an appealing one to maintain in the months ahead. The ECB seems to be to become leaning towards a fee reduced about the moment in every three months, skipping one meeting. Therefore, that's what economists are noticing I reckon. For some background: An increasing break at the ECB on the economical expectation?