ECB poll:

  • All 81 economists surveyed by Reuters expect the ECB to cut deposit rate to 2% on June 5.
  • ECB to pause in July according to 71% of the economists
  • note majority among economists for timing of next ECB deposit rate cut after June, but at least one more expected.
  • Eurozone economy to grow 0.9% and 1.1% in 2025 and 2026 (versus 0.8% and 1.2% in the April poll.
Source: Forex Live