ECB To Cut Rates in March, But The Real Battle in the GC is on the Easing Pace From April Onward

ECB To Cut Rates in March, But The Real Battle in the GC is on the Easing Pace From April Onward

By Brunello Rosa and Nato Balavadze

3 March 2025

In this paper we discuss:

• Our assessment of the Eurozone economy, which remains weak; 
• The rate cut we expect from the ECB in March and in coming months;
• Our expected changes in the ECB’s forecasts, with a downward revision to growth;
• The expected market reaction.

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