Eurosystem and ecb staff produce macroeconomic projections that cover the outlook for the euro area and the wider global economy. The ecb has lifted its deposit rate to 3.75% from minus 0.50 in a span of 14 months, the fastest pace of tightening on record, all in the hope that it would arrest.
See, for example, ciccarelli et al. At its meeting on 25 january 2024, the governing council decided to keep the three key ecb interest rates unchanged.
The Ecb Has Lifted Its Deposit Rate To 3.75% From Minus 0.50 In A Span Of 14 Months, The Fastest Pace Of Tightening On Record, All In The Hope That It Would Arrest.
The ecb is expected to lower key interest rates by 25bps at its june 2024 meeting, bringing the main refinancing operations rate to 4.25%, the deposit facility rate to 3.75%,.
The Median Expectation Was For 100 Basis Points Of Cuts This Year, Taking The Ecb's Deposit Rate To 3.00% By The End Of 2024.
“they are cutting into an.
Images References :
These Contribute To The Ecb Governing Council’s Assessment Of Economic Developments And Risks To Price Stability.
A minimum and a maximum of ecb rate for each month in the table.
Only Two Of 48 Economists Surveyed By The Ft Forecast That The Ecb Would Start Cutting Rates In The First Three Months Of 2024, Despite Investors Pricing In A Greater.