- All 82 economists surveyed see cut on March 6
- 55 of 82 economist see cut to 2.00% by the end of June (compared to 46 of 77 in Jan survey)
The ECB is currently at 2.75% and a cut next week is fully priced in. A further cut in April is 60% priced in while there is just a 26% chance implied by the market of three cuts by the end of June. I think the survey may have failed to capture the recent more-hawkish comments from Schnabel.
