ECB eyes rate cut amid weakening outlook - preview of the September 12 meeting ...Middle East

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ECB eyes rate cut amid weakening outlook - preview of the September 12 meeting
source : forex live ( Middle East ) () 53
The European Central Bank meet on Thursday, September 12. A rate cut is widely expected. inflation is nearing 2%, and longer-term forecasts stable around 2%the recent flow of data is showing the economic outlook weakeningThe meeting will bring updated European Central Bank macroeconomic forecastsdownward revisions to inflation forecasts for 2025 and 2026 are likely, lower oil prices and a stronger euro playing a role heregrowth forecasts may need to be revised lowerNo new forward guidance is expected.Coming up at 1215 GMT, 0815 US Eastern time with the presser following a half hour laterThis snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column

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