European Central Bank updates on euro area economic outlook and monetary policy as of April 2026

The ECB released its latest assessment of the euro area economy, monetary policy measures, inflation, and financial markets as of April 2026, including key interest rates, inflation projections, and economic indicators.

Published on: April 14, 2026

The European Central Bank (ECB) has published its latest economic outlook and monetary policy review as of April 14, 2026. The report includes updates on the euro area’s economic indicators, inflation developments, and monetary policy measures.

Key points include:

The deposit facility rate (DFR) remains at 0%, with ongoing short-term and long-term credit operations, asset purchase programmes (APP and PEPP), and balance sheet components detailed.
Inflation measures show non-energy inflation at the first quarter of 2026, with energy inflation trends also reported.
Projections indicate real GDP growth, private consumption, investment, exports, and other macroeconomic variables across different forecast rounds from December 2021 to March 2026.
The euro area’s export similarity with China and import elasticity of Chinese GDP are analyzed, with data up to 2024.
The USD/EUR exchange rate is tracked, with the latest value at 1.16 as of March 2026.
The euro area’s current account balance, unemployment rate, and government fiscal balance are reported, with latest data for 2025 and early 2026.

Market-based inflation compensation rates for 1Y1Y, 1Y2Y, and 5Y5Y horizons are provided, along with commodity price assumptions for oil and gas, reflecting scenarios related to Middle East conflicts and technical assumptions as of April 2026.

For detailed data and analysis, visit the official ECB publication at the provided link.

Read the Original: European Central Bank on April 14, 2026