- Analytics
- News and Tools
- Market News
- ECB to raise its deposit rate to 2.50%, but with cuts by the end of 2023 – ABN Amro
ECB to raise its deposit rate to 2.50%, but with cuts by the end of 2023 – ABN Amro
Economists at ABN Amro have revised their ECB view. They now see the terminal rate higher, but with cuts by the end of 2023.
ECB to start cutting rates in the final quarter of 2023
“We now expect the ECB to raise its deposit rate to 2.50% by the end of 2023Q1. Previously, our base case was for the ECB to hike to a peak level of 2.0% in December 2022 and, subsequently, pause.”
“We now also expect the central bank to start cutting rates again in the final quarter of 2023.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
