.The survey reveals that 64 of 77 economists (~ 85%) forecast the ECB will certainly reduce costs by 25 bps at upcoming week's appointment and after that again in December. 4 other participants expect simply one 25 bps cost reduced for the rest of the year while 8 are observing three cost cuts in each remaining meeting.In the August survey, 66 of 81 economists (~ 81%) saw 2 more cost decreases for the year. Thus, it is actually not too major an alter in views.For some context, the ECB will encounter upcoming full week and after that once more on 17 Oct prior to the last meeting of the year on 12 December.Looking at market pricing, traders have basically fully priced in a 25 bps price cut for next week (~ 99%). As for the rest of the year, they are actually finding ~ 60 bps of rate cuts presently. Looking additionally bent on the 1st half of upcoming year, there is actually ~ 143 bps really worth of cost cuts priced in.The virtually two-and-a-half rate cuts valued in for the rest of 2024 is going to be actually an exciting one to stay on top of in the months ahead. The ECB seems to be leaning in the direction of a cost reduced around as soon as in every three months, skipping one conference. Therefore, that's what economists are actually noticing I suspect. For some background: A growing break at the ECB on the economic overview?