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December 16, 2024
Europe | 2025, a challenging year for central banks
2024 has been less challenging for central banks as the disinflation process consolidates, building confidence in achieving the 2% inflation target. In 2025, the challenges will be greater and the debates more intense.
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December 12, 2024
Europe | Easing path on track
As expected, today the ECB lowered interest rates by 25bp and revised down growth and inflation forecasts. Lagarde did not give many clues on the next steps but reaffirmed that the disinflationary process is on track. We maintain four more cuts for the first half of 2025 to 2% (depo).
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