Bloomberg reports its latest survey of economists found that the European Central Bank is anticipated to start cutting rates in June with a frequency of once a quarter at a 25 basis-point pace.
The ECB's deposit rate is seen to reach 2.25% by late 2025, down from the current record level of 4.00%.
Economists' view aligns with markets' expectations, implying 90 basis points of cuts for this year with the first rate decrease coming in June.