President Christine Lagarde is expected to strike a cautious tone, keeping markets guessing on the timing of any future adjustments. While acknowledging that inflation has settled near target, she is likely to highlight potential downside risks, particularly if geopolitical frictions or weaker global demand weigh on growth and price pressures.
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Decision due at 1215 GMT / 0815 US Eastern timeLagarde's news conference follows a half hour later.
EUR traders will focus on Lagarde’s tone, with any dovish hints likely to act as a headwind to further euro gains.
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