# ECB delivers expected easing – Deutsche Bank

> The ECB's Governing Council unanimously cut its key rates by 25 basis points, bringing the deposit rate to 3.00%, effective December 18. The bank revised its inflation forecasts slightly lower and warned that growth would slow in the current quarter.

- Date: 2024-12-12 · published 2024-12-12T12:00:00.000Z
- Category: macro · region Euro zone · magnitude low
- Page: https://feedsoft.ai/events/27175-ecb-delivers-expected-easing-deutsche-bank
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Lower euro zone rates reduce the euro's yield appeal relative to the dollar, which tends to weigh on EURUSD and firm the dollar against commodity-importing currencies.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2016-12-19 | [US: Something special in the offering – Deutsche Bank — Octa](https://feedsoft.ai/events/73658-us-something-special-in-the-offering-deutsche-bank-octa.md) | -0.1% | +2.2% |
| EURUSD | 2025-06-05 | [Instant view: ECB delivers another rate cut \| Reuters](https://feedsoft.ai/events/24437-instant-view-ecb-delivers-another-rate-cut-reuters.md) | +0.6% | +2.9% |
| EURUSD | 2016-11-14 | [Deutsche Bank calls EUR/USD parity: "The Trump victory has changed things"](https://feedsoft.ai/events/9134-deutsche-bank-calls-eur-usd-parity-the-trump-victory-has-changed-things.md) | -2.6% | -2.5% |
| EURUSD | 2025-01-31 | [An easing ECB would surely balk at 'Plaza2' idea](https://feedsoft.ai/events/26728-an-easing-ecb-would-surely-balk-at-plaza2-idea.md) | -0.5% | -0.2% |
| EURUSD | 2025-01-30 | [VIEW ECB cuts rates again, keeps door open to further easing \| Reuters](https://feedsoft.ai/events/26726-view-ecb-cuts-rates-again-keeps-door-open-to-further-easing-reuters.md) | +0.0% | -0.0% |

## Sources

- deutsche-bank.it: https://www.deutsche-bank.it/news/detail/insights-ecb-delivers-expected-easing?language_id=1

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.