The monetary policy announcement from the European Central Bank is the major event due on Thursday.
The central bank is widely expected to hike its benchmark rate by 75 basis points to combat rising inflation. The ECB is also likely to signal its stance on future rate path. The announcement is due at 8.15 am ET.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.