ECB to cut deposit rate to -0.40 pct in March – Reuters poll

As per the latest survey of 23 economists conducted by Reuters, the European Central Bank (ECB) is likely to cut the deposit rate by another ten basis points to -0.40% in March.

The survey also showed 15 of 23 economists say negative deposit rate will not help bring inflation back to ECB's target. Poll shows there is also a probability of ECB increasing the QE size in March.

A majority of economists also say there is a high risk of Euro zone inflation falling back to zero or lower this year.