Robert Metsch
The military tensions in the Middle East are driving up inflation in the eurozone. In April, the growth of consumer prices in the region increased to 3% from 2.6% in the prior month.
The ECB maintained rates during its meeting on April 30. The deposit rate remained at 2% annually, the main refinancing operations (MRO) rate at 2.15%, and the margin lending rate at 2.4%.
Analysts surveyed by Bloomberg between May 4 and 7 agree that the regulator is expected to increase rates in June and September this year. Experts predict that inflation in the eurozone will average 2.9% this year, decreasing to 2.1% in 2027 and 2% in 2028.
Analysts think the ECB might reduce rates once more in March next year as the eurozone economic situation declines. The typical expert prediction for GDP growth stands at 0.8% for 2026, 1.3% for 2027, and 1.5% for 2028.
source: bloomberg.com
The ECB maintained rates during its meeting on April 30. The deposit rate remained at 2% annually, the main refinancing operations (MRO) rate at 2.15%, and the margin lending rate at 2.4%.
Analysts surveyed by Bloomberg between May 4 and 7 agree that the regulator is expected to increase rates in June and September this year. Experts predict that inflation in the eurozone will average 2.9% this year, decreasing to 2.1% in 2027 and 2% in 2028.
Analysts think the ECB might reduce rates once more in March next year as the eurozone economic situation declines. The typical expert prediction for GDP growth stands at 0.8% for 2026, 1.3% for 2027, and 1.5% for 2028.
source: bloomberg.com
