The European Central Bank (ECB) has outlined three economic scenarios for the next three years, detailing projections for inflation and economic growth. In the Adverse Scenario, inflation is expected to be 3.3% in 2026, decreasing to 2.3% by 2028, with economic growth starting at 0.7% in 2026 and rising to 1.5% in 2028. Under the Moderate Scenario, inflation is projected to stabilize at 2.9% in 2026 and 1.8% in both 2027 and 2028. The Extreme Scenario anticipates inflation peaking at 5.3% in 2027 before dropping to 3% in 2028, with economic growth remaining subdued at 0.5% in 2026 and 0.4% in 2027, improving slightly to 1.6% in 2028.