When will the European Central Bank (ECB) announce a reduction to its "Deposit facility" interest rate?
Closing Dec 13, 2024 08:01AM 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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| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week | Change in last month |
|---|---|---|---|---|
| Before 12 April 2024 | 0% | 0% | 0% | -1.20% |
| Between 12 April 2024 and 6 June 2024 | 81.20% | -7.90% | +2.80% | +25.20% |
| Between 7 June 2024 and 18 July 2024 | 5.30% | -0.40% | -8.40% | -20.30% |
| Between 19 July 2024 and 12 September 2024 | 5.40% | +3.40% | +1.40% | -7.30% |
| Between 13 September 2024 and 17 October 2024 | 3.80% | +2.60% | +2.10% | +0.30% |
| Between 18 October 2024 and 12 December 2024 | 2.40% | +1.40% | +1.30% | +1.90% |
| Not before 13 December 2024 | 1.90% | +0.90% | +0.80% | +1.40% |