December 18, 2025
UBS On-Air: Paul Donovan Daily Audio 'Perception > reality > reported?'
UBS On-Air: Market MovesAbout this episode
The ECB and the Bank of England meet. The ECB decision can be dismissed with a shrug of indifference. The Bank of England is expected to cut rates, but the depth of division amongst policy setters is a focus. More rate cuts are likely next year.