ECB releases the results of its latest survey of professional forecasters

ECB
  • 2019 GDP growth seen at 1.5% (previously 1.8%)
  • 2020 GDP growth seen at 1.5% (previously 1.6%)
  • 2019 inflation seen at 1.5% (previously 1.7%)
  • 2020 inflation seen at 1.6% (previously 1.7%)

Not too surprising given recent developments in the economy. If anything, this can be seen as a prelude to the March meeting where the central bank itself is seen to be cutting their projections from December.