The ECB is likely to maintain a hawkish stance at February’s Governing Council meeting and press conference, denting hopes that it might cut interest rates within a couple of months. But with the economy still slowing and inflation concerns likely to fade in time, we now expect euro-zone interest rates to fall to 3.0% by early next year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.