Ecb Rate Meeting 2024. Eurozone inflation has now fallen close to the ecb's target figure of 2% and investors believe that leaves room for the central bank to cut its benchmark deposit rate. Inflation seen above 2% goal until late 2025.
Here is what the governing council decided about the ecb’s interest rates and instruments at its latest meeting. The six members of the european central bank (ecb) executive board and the 16 governors of the euro area central banks vote on where to set the rate.