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The traders Traders are expecting more easing by the ECB in 2023 to support the economy, with a quarter-point cut completely seen by June.

(Bloomberg) -- Private-sector activity in the euro area kicked off the final quarter of 2023 with another dismal showing, suggesting the region’s economy may be in recession.Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansHostages and Hezbollah Force Israel to Rethink Gaza Ground WarNobody Wants Mutual Funds NowDisney Said to Near Multibillion-Dollar Deal With RelianceS&P Glob...