The European Central Bank is likely to cut its key interest rate tomorrow for the first time since the interest rate turnaround in 2022. But what comes next? Will the first cut herald a series of interest rate cuts or will the monetary guardians remain cautious? Chief economist Gerhard Winzer takes a look at the ECB’s possible future interest rate policy.
![ECB interest rate policy: First rate cut, and then? ECB interest rate policy: First rate cut, and then?](https://blog.en.erste-am.com/wp-content/uploads/2024/06/20240605_ECB_key_interest_rate_reducation_en-370x210-1717505797.png)