Deutsche Bank stated on Thursday that it currently expects the European Central Bank to accelerate its rate cut cycle, starting from December with consecutive cuts of 25 basis points, not ruling out the possibility of a 50 basis points cut in December. The bank stated that it previously expected the central bank to follow a gradual easing path, cutting rates by 25 basis points per quarter until reaching a final rate of 2—2.5% around the end of 2025. The European Central Bank stated in a report: "It is expected that the European Central Bank is moving towards a faster normalization, and the European Central Bank will reach a final rate of 2.00—2.50% in mid-2025, six months earlier." Deutsche Bank is the latest bank this week to change its calls for European Central Bank policy, amid further signs of weakening economic prospects in the region.