A Reuters poll on the euro zone economy and the ECB shows:
- Eurozone economy to grow 0.9% and 1.3% in 2025 and 2026. That is little changed from February Paul which showed 0.9% and 1.2%.
- European central bank to cut deposit rate to 2.00% by the end of 2025. That is according to 40 of 75 economists
The European Central Bank’s (ECB) deposit facility rate is 2.50%. This rate was lowered by 25 basis points in the ECB’s recent monetary policy meeting, marking the sixth rate cut since June 2024.
This article was written by Greg Michalowski at www.forexlive.com.
