Economists say ECB could cut rate to -0.5% before it becomes counterproductive- Reuters poll

Latest Reuters monthly poll 12 May 2016

• Eurozone GDP to grow +0.3% in Q2, +0.4% in Q3 and Q4 vs +0.4%, for all periods in prev poll
• inflation to average +0.2% in 2016, +1.3% in 2017 vs +0.3% and +1.4% prev

Softer outlooks from the 200 economist surveyed between 6-12 May

EURUSD has given up its gains above 1.1400 as USD demand returns