ECB Hopes Economic Calm Buys Reflection Time: Decision Day Guide

Inflation is one of the main drivers of European Union’s Economy. Inflation rate target has remained stable below 2% since 2003 while deposit rate is expected to stay at minus 0.5%. These drives the Expectation that Euro-Zone GDP growth will slow slightly to 1.1% in 2020 from 1.2% in 2019 then increase in 2021.
Bloomberg