ECB to Hold Interest Rates at 2% for Next Two Years, Poll Shows

The European Central Bank will keep euro-zone borrowing costs at 2% through 2027, according to a Bloomberg survey of economists.

The prediction includes a hold in the deposit rate at next week’s monetary-policy meeting. Further action beyond that isn’t totally excluded, however: A third of respondents forecasts at least one more cut to add to the eight to date, while 17% sees one or more hikes by the end of next year.