In its latest quarterly forecasts, the ECB made downward revisions to its 2018 and 2019 growth outlook.
Forecasts for GDP growth:
2018 1.9% vs. +2.0% prior
2019 1.7% vs. +1.8% prior
2020 1.7% vs. +1.7% prior
2021 1.5%
Inflation forecasts:
2018 1.8% vs. +1.7% prior
2019 1.6% vs. +1.7% prior
2020 1.7% vs. +1.7% prior
2021 1.8%
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