Ecb Interest Rates Forecast 2024. Lagarde explained that “confidence in the path ahead had been increasing over the last months. The cut came even as the ecb raised its inflation forecast for 2025 to 2.2%, above the 2% target.

Over the second half of 2024, the pepp portfolio will decline by €7.5 billion per month on average. The european central bank has cut interest rates by a quarter percentage point to 3.5 per cent in response to falling eurozone inflation and signs that the bloc’s.