The majority of analysts regularly surveyed by the European Central Bank (ECB) anticipate that the monetary institution will keep interest rates on bank deposits at 2% until early 2028.
The ECB is expected to raise interest rates to 2.25% in the second quarter of 2028, according to current analyst forecasts released today.
The ECB conducted the survey between October 13 and 15, prior to the monetary policy meeting on October 30, at which the institution maintained interest rates at 2% for the third consecutive meeting.
Before the September monetary policy meeting, analysts predicted that the ECB would moderately reduce interest rates in March 2026.
Likewise, analysts foresee that the eurozone will grow by 0.2% in the fourth quarter of this year, with an inflation rate of 2%.
Growth is projected to be 0.3% in the first quarter of 2026, with an inflation rate of 1.7%.
Inflation is not expected to fall below 2% (the ECB’s target) until the end of 2026, according to analysts’ forecasts.
The next ECB monetary policy meeting is scheduled for December 17 and 18 in Frankfurt.
