Ecb Interest Rates Forecast 2024. The ecb interest rate prediction conducted by the survey of professional forecasters was for the rate to rise to 3% in the first quarter of 2023, a forecast that has already materialised, and to 3.5% in the second quarter, before easing slightly in 2024. Euro area foreign demand is projected to increase by 2.5% in 2024, 3.4% in 2025 and 3.3% in 2026.
4.25% 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. These contribute to the ecb governing council’s assessment of economic developments and risks to price stability.