European Central Bank meets Thursday - no rate cut expected ...Middle East

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The ECB statement is due at 1315 GMT, which is 0815 US Eastern time.European Central Bank President Lagarde follows up with her press conference a half hour later (1345 GMT / 0845 US Eastern time)The ECB is set to leave interest rates unchanged at a record high, the policy rate is currently 4%:officials at the Bank are waiting to see more evidence that inflation (the latest data has headline CPI at 2.6%, and core (excluding food and fuel) 3.1%, still above the 2% ECB target) is not going to get lifted higher via ongoing wage increases ECB forecasts (ECB quarterly macroeconomic projections) are expected to indicate slower economic growth and inflation during 2024The Bank is awaiting data on w

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Last updated : 07 March 2024 clock 02:41 AM

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European Central Bank meets Thursday - no rate cut expected ...Middle East

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