Ecb Rate Meeting 2024. The ecb is expected to cut borrowing costs by 25bps in its september 2024 meeting, a second reduction this year, after a similar move in june, followed by a pause in july. Ecb policymakers continue to cut rates skipping one meeting in 2024 and by more than other global central banks given weaker fundamentals and more rapid.
By the end of 2024 policy rate cuts were expected to diverge modestly, as the ecb was expected to start its easing cycle ahead of the federal reserve, but that divergence was expected to vanish by the end. Investors saw almost no chance of a rate cut at the present meeting, but had fully priced in a rate cut for june, followed by another two rate cuts later in the year.