Institutional Survey: Eurozone Inflation Outlook Weakens Supporting ECB Rate Cuts

ChainCatcher news, according to Jinshi Data reports, an institutional survey shows that inflation in the Eurozone will be lower than previously predicted due to the increase in tariffs by the United States. This survey supports the rationale for the European Central Bank to cut interest rates this week. Analysts expect the average increase in consumer prices for 2026 and 2027 to be 1.9% and 2%, respectively, both of which have been revised down by 0.1 percentage points. They also anticipate that this year's economic growth rate will be 0.8%, slightly lower than previously expected, after which economic growth momentum is expected to pick up.

In another survey, economists predict that the European Central Bank will cut interest rates two more times in April and June. JPMorgan economist Greg Fuzesi stated, "Even if the U.S. suspends tariffs, a rate cut in April still makes sense." He added, "The rate cut in June may also not cause much controversy," but the subsequent path will depend on how trade negotiations with the United States develop.