.The poll presents that 64 of 77 financial experts (~ 85%) predict the ECB will definitely reduce rates through 25 bps at next week's meeting and afterwards again in December. Four other participants expect just one 25 bps cost reduced for the rest of the year while eight are actually viewing three cost break in each staying meeting.In the August poll, 66 of 81 business analysts (~ 81%) saw pair of additional price cuts for the year. So, it's not also significant a change up in views.For some circumstance, the ECB will get to know upcoming week and after that once more on 17 October before the ultimate meeting of the year on 12 December.Looking at market pricing, investors possess essentially entirely priced in a 25 bps fee cut for upcoming full week (~ 99%). When it comes to the remainder of the year, they are seeing ~ 60 bps of fee reduces right now. Appearing even more out to the first half of upcoming year, there is ~ 143 bps really worth of cost cuts priced in.The nearly two-and-a-half rate cuts priced in for the rest of 2024 is actually visiting be actually a fascinating one to keep up with in the months in advance. The ECB seems to be pitching in the direction of a rate reduced about when in every 3 months, passing up one meeting. So, that's what financial experts are actually picking up on I suppose. For some background: An increasing break at the ECB on the financial outlook?