Ecb Rate Forecast 2024. European central bank cuts rates, moving off record high. The ecb has lifted its deposit rate to 3.75% from minus 0.50 in a span of 14 months, the fastest pace of tightening on record, all in the hope that it would arrest.

While 36 of 85 economists forecast the. Raising its predictions for this year and next, the ecb said inflation would average 2.5 per cent in 2024, 2.2 per cent in 2025 and 1.9 per cent in 2026.