Economic Briefing/Economic Insights
To-the-point economic analysis by Commerzbank's research team
© Commerzbank
14 May 2024
ECB – Limited room for rate cuts
There is hardly any doubt that the ECB will cut interest rates for the first time at the beginning of June. This raises the question of how many interest rate cuts will follow and at what level the interest rate will end up in the long term. We analyse why the ECB will hardly be able to lower the deposit rate below 3%.
