The global monetary policy cycle is shifting towards a more synchronized easing direction, and the European Central Bank is expected to cut interest rates next week, but whether this heralds a deeper easing cycle remains to be seen. Institutions predict that the European Central Bank will cut interest rates by another 25 basis points in December, but the high wage growth rate and the stickiness of service sector inflation may affect the timing of the interest rate cut. Committee officials are more inclined to adjust interest rates with the latest quarterly forecasts, making it more likely to further cut interest rates in December than to take action in October.#FLOKİ
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The global monetary policy cycle is shifting towards a more synchronized easing direction, and the European Central Bank is expected to cut interest rates next week, but whether this heralds a deeper easing cycle remains to be seen. Institutions predict that the European Central Bank will cut interest rates by another 25 basis points in December, but the high wage growth rate and the stickiness of service sector inflation may affect the timing of the interest rate cut. Committee officials are more inclined to adjust interest rates with the latest quarterly forecasts, making it more likely to further cut interest rates in December than to take action in October.#FLOKİ