Global Economic News

European Economic News Preview: ECB Policy Announcement Due

The European Central Bank is set to keep its benchmark rates unchanged on Thursday as it awaits strong evidence of receding inflation.

The policy decision is due at 8.15 am ET. ECB Chief Christine Lagarde holds press conference at 8.45 am ET.

The bank will also release macroeconomic projections. Both growth projection and inflation outlook are likely to be lowered.

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by Renju Jaya

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