Three holds and a cut? Europe's central banks are about to make their final calls of 2025

Central Banks' Monetary Policy Decisions - The European Central Bank (ECB), Bank of England, Riksbank, and Norges Bank are all meeting to discuss monetary policies, with only the Bank of England expected to change its rate [2][11] - The ECB is anticipated to maintain its current rates, as recent economic data does not indicate a need for adjustment, while also likely to revise its growth outlook for the Eurozone [4][2] - Norges Bank is expected to keep its rates at 4%, with potential rate cuts not anticipated until summer 2026, despite market expectations for a cut in March [6][7] - Riksbank is projected to keep its key policy rate unchanged at 1.75%, with no changes expected in the near future [9][10] - The Bank of England is expected to implement a 25 basis points cut, reducing the base rate to 3.75%, following a significant drop in inflation to 3.2% in November [11][12] Economic Context and Expectations - Investors are particularly focused on the internal tensions within the ECB's governing council, with differing opinions on future rate movements [3] - The ECB's upcoming staff projections are expected to reflect a more optimistic growth outlook for the Eurozone [4] - The Bank of England's decision is influenced by recent economic data, including a decline in inflation and negative growth indicators [11][12] - Norges Bank's guidance is expected to remain vague, indicating a cautious approach to future rate cuts [7]