The European Central Bank is set to leave its monetary policy unchanged on Thursday in the first meeting chaired by its new chief, Christine Lagarde, and markets will be closely watching how she communicates the message from the central bank on the euro area economy amid sluggish growth and low inflation.
The ECB is widely expected to leave interest rates and stimulus measures unchanged, and reaffirm its forward guidance, following the Governing Council session.
Former French finance minister Lagarde came to the helm at the ECB after Mario Draghi's term ended on October 31.
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