JPMorgan predicts ECB will cut Eurozone rates by half a point in December

JPMorgan has shaken the markets with a revised bet for the European Central Bank (ECB) to cut interest rates by half a percentage point next month. The banking giant, originally expecting the move in January, now believes December will be the tipping point for a larger rate cut. Their reasoning? “Economic data is unraveling faster […] source: https://www.cryptopolitan.com/jpmorgan-predict-ecb-will-cut-eurozone-rates/