FXStreet (Mumbai) - Bank of Italy governor and ECB governing council member Visco, while speaking in London, a deposit rate cut will be reassessed in December meeting. He added further that monetary policy growth alone cannot guarantee lasting growth. In the last few days, the reports hit the wires that a consensus seems to be building among the ECB members around a deposit rate cut in December. Elsewhere, the German economic ministry was on the wires stating it sees a solid expansion in the second half of the year. The ministry expressed confidence that the economy is solid despite international headwinds. For more information, read our latest forex news.