European Central Bank meeting this week - preview - rate cuts seen September and December ...Middle East

The European Central Bank statement is due on Thursday 18 July at 1215 GMT / 0815 US Eastern timeno change to interest rates is widely expectedLagarde's press conference follows a half hour later. From the Deutsche Bank preview, in brief:we expect the ECB to leave policy unchangedECB is not on a pre-determined path ... the ECB does not want to commit to when and how much it will cut ... it wants to be led by the dataexpect the ECB to avoid explicit guidanceas inflation converges towards target, restrictive monetary policy stance will unwind furtherbaseline remains two more 25bp cuts, in September and December this year ... a cut in September is not a done deal ... but remains the most likely

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Last updated : 15 July 2024 clock 06:28 AM

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European Central Bank meeting this week - preview - rate cuts seen September and December ...Middle East

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