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The European Central Bank (ECB) will keep eurozone borrowing costs at 2pc through to the end of 2027, according to a survey of economists by Bloomberg, the business news service. The prediction includes a hold in the deposit rate at next week's monetary-policy meeting. Further action beyond that isn't totally excluded, however: a third of survey respondents forecasts at least one more cut to add to the eight to date, while 17pc see one or more hikes by the end of next year.
