.The poll reveals that 64 of 77 economists (~ 85%) forecast the ECB is going to reduce prices by 25 bps at following week's appointment and afterwards again in December. 4 other participants count on just one 25 bps price cut for the remainder of the year while 8 are seeing 3 cost cuts in each remaining meeting.In the August survey, 66 of 81 economists (~ 81%) found pair of even more price cuts for the year. Thus, it's not too primary a change up in views.For some context, the ECB will meet upcoming week and after that once more on 17 October before the ultimate meeting of the year on 12 December.Looking at market pricing, traders have more or less entirely valued in a 25 bps cost reduced for next full week (~ 99%). As for the rest of the year, they are actually observing ~ 60 bps of price reduces right now. Looking even more out to the very first half of upcoming year, there is actually ~ 143 bps really worth of cost cuts priced in.The virtually two-and-a-half rate cuts priced in for the remainder of 2024 is actually going to be actually a fascinating one to stay on par with in the months in advance. The ECB seems to be to become leaning towards a rate cut roughly the moment in every 3 months, skipping one appointment. Thus, that's what financial experts are identifying I suppose. For some background: An expanding break at the ECB on the economic overview?