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The European Central Bank (ECB) latest forecasts show slightly higher growth this year but lower inflation in 2019. President Draghi in the opening of his statement talked about stronger growth in the ECB to 2.4% from 2.3%.

ECB Forecasts

Growth

  • 2018 at 2.4% vs 2.3% prior
  • 2019 at 1.9% vs 1.9% prior
  • 2020 at 1.7% vs 1.7% prior

Inflation

  • 2018 at 1.4% vs 1.4%
  • 2019 at 1.4% vs 1.5%
  • 2020 at 1.7% vs 1.7%

Source: ECB

From the TradersCommunity News Desk

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