ECB releases new growth and inflation forecasts

Author: Adam Button | Category: Central Banks

New forecasts from Draghi

Forecasts for GDP growth:

  • 2018 2.0% vs +2.1% prior
  • 2019 1.8% vs +1.9% prior
  • 2020 1.7% vs +1.7% prior

Inflation forecasts unchanged:

  • 2018  1.7% vs +1.7% prior
  • 2019 1.7% vs +1.7% prior
  • 2020 1.7% vs +1.7% prior

However Draghi said confidence about the path of underlying inflation has diminished.



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