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2025-09-20 10:47:14
[Traders cut bets on ECB rate cuts] Money markets cut their bets on ECB rate cuts, reducing expectations for rate cuts by up to 2 basis points at each meeting in 2026; it is now expected that the rate will be cut by 3 basis points by the end of the year and by 10 basis points by the middle of next year; swap transactions show that the Bank of England is expected to cut interest rates by another 6 basis points this year, and by 39 basis points by the end of 2026.
