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ECB Deposit Rate Forecast Delayed to Mid-2029 at 3%, Up From Current 2.25%

2026-06-22 09:45:02

According to Jin10 data, analyst Holger Schmiding of Berenberg Bank said on June 22 that the European Central Bank's deposit rate is now expected to reach 3% in mid-2029, up from the current level of 2.25%. The bank previously predicted this rate level would be achieved by 2028. As US-Iran interim agreements lower energy costs, eurozone inflation may decline below 2% in early 2027, potentially delaying the ECB's rate hikes until late 2028.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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