ECB to Cut by More as Inflation Undershoots Target, Poll Shows

ECB to Cut by More as Inflation Undershoots Target, Poll Shows

The European Central Bank will lower borrowing costs more than expected this year to below 2% as inflation is seen undershooting the institution’s target in early 2026, according to economists surveyed by Bloomberg.

Current rates are "low enough not to slow down the economy," according to Isabel Schnabel.

The European Central Bank has already lowered interest rates seven times because inflation has continued to cool down. However, an end to interest rate cuts is not yet in sight, economists believe. According to a Bloomberg survey, they expect the ECB to lower credit costs more than previously expected to below 2 percent this year, as [...] The post ECB continues to lower interest rates, as inflation falls below the target value appeared first on…