In their interest rates predictions as of 12 May, ING saw rates at 5.25% in the second and third quarters of 2023 (a forecast that has been materialised), and falling to 4.25% in the final quarter of the year. In 2024, the Dutch bank saw interest rates starting off at 4% before being cut to 3.75% in Q2 2024, 3.5% in Q3 2024 and 3.25% in the final quarter. In 2025, the bank predicted the rate to decline to 3%.  Note that their predictions can be wrong.