Analyst: The European Central Bank lowering overall inflation to 2.6% next year is the biggest surprise.

Institutional analysts evaluate the European Central Bank's interest rate decision: the downward revision of inflation forecast for 2026 to 1.6% may be the biggest surprise of the evening and the most important change. This will trigger discussions about the risks of inflation falling below the 2% target and further expectations of interest rate cuts. However, the forecast for 2027 remains unchanged at 2%, so the downward revision below the target is seen as temporary.