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2020/03/06 / Erste Group Research

Week Ahead | Weaker growth - how will the ECB react

The spread of the coronavirus will undoubtedly lead to a significant deterioration in future economic indicators. Accordingly, we have revised our growth forecast for the euro zone to 0.7% for 2020.

Next week will show how the ECB will react to the coronavirus outbreak. At the moment, we are not expecting a rate cut, but rather other measures to keep the costs of financing low.


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General information

AuthorErste Group Research
Date2020/03/06
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone
Currency in focusEuro
Sector in focus-
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