ECB sources: Handful of policymakers were initially in favor of 50 bps cut

Some argued that ECB is overestimating growth next year, which could be below 1% under Trump tariffsPolicymakers have little appetite for rushing policy amid uncertainty

The 2025 GDP forecast released today was +1.1%, down from 1.3% previously. That’s hardly inspiring in either scenario.

This article was written by Adam Button at www.forexlive.com.