When will the European Central Bank (ECB) announce a reduction to its "Deposit facility" interest rate?
Closed Jun 06, 2024 12:15PM UTC
As eurozone inflation eases, markets are anticipating an interest rate cut from the ECB in 2024 (AP, US News & World Report, ECB - Key ECB Interest Rates). As of the launch of this question, the Governing Council of the ECB had six remaining monetary policy meetings scheduled for 2024: 11 April, 6 June, 18 July, 12 September, 17 October, and 12 December (ECB - Calendar). The date the change would take effect is immaterial.
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The question closed "Between 12 April 2024 and 6 June 2024" with a closing date of 6 June 2024.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Before 12 April 2024 | 0% | |
| Between 12 April 2024 and 6 June 2024 | 82% | |
| Between 7 June 2024 and 18 July 2024 | 5% | |
| Between 19 July 2024 and 12 September 2024 | 5% | |
| Between 13 September 2024 and 17 October 2024 | 4% | |
| Between 18 October 2024 and 12 December 2024 | 2% | |
| Not before 13 December 2024 | 2% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 19 |
| Average for questions older than 6 months: 186 | |
| Number of Forecasts | 65 |
| Average for questions older than 6 months: 539 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | better than average |
