Economists on the timing of the next ECB deposit rate cut (spoiler - Q2 2020, not Q1)

Via Reuters polling of economist on the European Central Bank

  • ECB to cut deposit rate to -0.60% in q2 2020 (vs q1 2020 in the October poll)
  • euro zone inflation seen at 1.2% in 2019, 2020 (unchanged from October poll)
  • euro zone quarterly growth forecast at 0.2-0.3% through to mid-2021 (unchanged from October poll)
  • Lagarde to maintain Draghi's policy stance, 94% of 49 economists said
  • Lagarde will be unsuccessful in facilitating a "synchronized fiscal response", said 60% of 43 economists
Via Reuters polling of economist on the European Central Bank

EUR barely changed on the session so far.

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