Ecb Interest Rate 2024. The european central bank will hold interest rates steady well into next year, with a majority of economists polled by reuters sticking to forecasts the first cut. Market participants were fully pricing in a 25 basis point cut in the key ecb interest rates at the june meeting, with between one and two further cuts priced in by.
The refinancing rate, however, was cut by a much bigger 60. The governing council decided at its meeting on 7 march 2024 to keep the three key ecb interest rates unchanged.