.The survey reveals that 64 of 77 financial experts (~ 85%) predict the ECB is going to reduce rates through 25 bps at following week's meeting and after that once again in December. 4 various other participants expect only one 25 bps price cut for the remainder of the year while eight are seeing three rate cuts in each staying meeting.In the August poll, 66 of 81 financial experts (~ 81%) saw pair of more fee decreases for the year. So, it is actually certainly not also major a change up in views.For some context, the ECB will meet following full week and after that again on 17 October before the ultimate appointment of the year on 12 December.Looking at market prices, investors have essentially entirely priced in a 25 bps fee cut for following week (~ 99%). As for the remainder of the year, they are seeing ~ 60 bps of price reduces right now. Appearing better out to the initial one-half of next year, there is actually ~ 143 bps worth of rate cuts priced in.The nearly two-and-a-half price cuts valued in for the rest of 2024 is actually visiting be an interesting one to keep up with in the months ahead. The ECB seems to be to become bending in the direction of a price cut about as soon as in every three months, leaving out one meeting. Therefore, that's what financial experts are picking up on I think. For some background: A developing rift at the ECB on the financial outlook?