Nomura forecasts a 25bp cut by the European Central Bank today, Thursday, September 12 ...Middle East

The European Central Bank meet on Thursday, September 12. A rate cut is widely expected.I posted a preview here earlier this week:ECB eyes rate cut amid weakening outlook - preview of the September 12 meetingThe announcement is coming up at 1215 GMT, 0815 US Eastern timewith the presser following a half hour laterVia eFX comes from Nomura on what they are watching for. Nomura anticipates a 25bp cut by the ECB, which is already priced into the market. The key focus will be on the ECB's statement, press conference, and updated forecasts to assess the potential for a more dovish stance and faster rate cuts.Key Points:Market Expectations:A 25bp rate cut is fully expected by both the market and e

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