Morgan Stanley now expects the ECB to cut on Thursday and again in April - MarketWatch
1. Morgan Stanley anticipates ECB rate cuts, starting in April. 2. 96% probability for a 25 basis point cut expected on Thursday. 3. Weak inflation and growth data have fueled a bearish outlook. 4. Further cuts expected, potentially down to 1% by June 2026. 5. EURUSD has increased 1% this year amidst rate speculation.