The ECB seems likely to maintain a hawkish tone at April’s Governing Council meeting and press conference, suggesting that it has no immediate plans to cut interest rates. But as the economy slows further and inflation concerns fade, we still expect euro-zone interest rates to fall to 3.0% by early next year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services