This page provides forecasts for Interest Rate including a long-term outlook for the next decades, medium-term expectations for the next four quarters and … The projections foresee annual HICP inflation at 1.3% in 2019, 1.4% in 2020 and 1.6% in 2021. Long-term interest rates forecast refers to projected values of government bonds maturing in ten years. Accordingly, the ECB revised down its growth and inflation forecasts at the meeting and now sees GDP expanding 1.1% in 2019 (previous: +1.2%) and 1.2% in 2020 (previous: +1.4%). The ECB slightly raised its inflation forecasts for 2019 to 1.3 percent - up 0.1 percentage point from from its previous forecast in March.

The ECB expects a gross domestic product rate for the region of 1.1% this year and 1.2% in 2020. Forecast data are calculated by making an overall assessment of the economic climate in individual countries and the world economy as a whole, using a combination of model-based analyses and statistical indicator models. On Sunday, the Federal Reserve made an extraordinary move to safeguard the economy from the impact of Coronavirus by slashing its benchmark interest rate to near 0%. This page provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Meanwhile, for 2020, the ECB revised its forecast to 1.4 percent - down 0.1 percentage points from its earlier forecast in … It is measured as a percentage. It also forecasts a headline inflation rate of 1.2% and 1% for 2019 and 2020, respectively. The ECB held its benchmark interest rate at 0 percent on March 12th.

It also forecasts a headline inflation rate of 1.2% and 1% for 2019 and 2020, respectively. It is measured as a percentage. Compared with the March 2019 ECB staff macroeconomic projections, the outlook for HICP inflation has been revised up by 0.1 percentage points for … Inflation outlook. Interest Rate in the Euro Area averaged 1.86 percent from 1998 until 2020, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 percent in March of 2016. Forecast data are calculated by making an overall assessment of the economic climate in individual countries and the world economy as a whole, using a combination of model-based analyses and statistical indicator models. Long-term interest rates forecast refers to projected values of government bonds maturing in ten years.