ECB Meeting Preview: Rates Likely on Hold

[madmax]

The European Central Bank is set to announce its monetary policy decision Thursday, with interest rates expected to remain unchanged for the fifth straight meeting:

Main refinancing: 2.15%

Marginal lending: 2.4%

Deposit facility: 2%

President Christine Lagarde will hold a press conference afterward, reiterating the ECB’s “wait-and-see” stance amid resilient Eurozone growth and cooling inflation.

#ECB #InterestRates #Eurozone #MonetaryPolicy #EURUSD

[tradelikepro]

eur/usd stabilizing above 1.18 makes sense; no surprises expected from the ecb, so the market’s basically yawning