Deutsche Bank said that the ECB's decision to cut interest rates continuously on Thursday is significant and may indicate that the ECB is shifting to an accelerated easing policy. Deutsche Bank economist Mark Wall said in a report that the ECB continues to avoid forward-looking guidance and has not promised to adopt a specific policy path, which is wise given the uncertainty of the outlook. But today's decision is likely to represent a turning point where monetary policy will be normalized more quickly.

Deutsche Bank said that the ECB's decision to cut interest rates continuously on Thursday is significant and may indicate that the ECB is shifting to an accelerated easing policy. Deutsche Bank economist Mark Wall said in a report that the ECB continues to avoid forward-looking guidance and has not promised to adopt a specific policy path, which is wise given the uncertainty of the outlook. But today's decision is likely to represent a turning point where monetary policy will be normalized more quickly.