Expectations for economic and income growth were lower in an ECB survey
Effects of high rates to weigh further on economy, financial sector
Big project needed to galvanize creation of single capital market
Rate cuts to start materializing by mid-year
Short-term expectations increase, long-term view unchanged
The forecast for core inflation was also revised downward in the latest ECB survey
Policymakers move from digital currency design to preparation
Higher upfront cost reduces long-term risks for economy, banks
Core inflation is now higher than the headline rate
Declining loan growth, rising funding costs temper benefit of higher rates, Moody's says