The European Central Bank has cut its forecast for euro zone 2005 growth to 1.4 pct from 1.6 pct, central bank sources said. The ECB has also lowered its 2006 growth forecast to 2.0 pct from 2.1 pct and its 2007 growth forecast to 2.2 pct from 2.3 pct, the sources said. For inflation, the ECB is forecasting a range of 1.9-2.1 pct this year. Its previous range for 2005 inflation was 1.6-2.2 pct. But it has cut its forecast for 2006 inflation to 1.5 pct from 1.6 pct, and its 2007 inflation forecast to 1.5 pct from 1.8 pct. The ECB expects core inflation to be 1.6 pct this year and 1.4 pct next year, the sources said. The ECB is due to publish the forecasts tomorrow.