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European Central Bank meeting today - preview - hurdle for a rate hike is high

The European Central Bank policy decision is due Thursday, 26 October 2023:1215 GMT0815 US Eastern time European Central Bank President Lagarde's news conference follows a hal hour later (1245 & 0845)Preview comment via ANZ:Core inflation has improved significantly in recent months. Yet the ECB remains guarded given vagaries in the oil price and the possibility higher energy costs could cause a re-acceleration in headline inflation. We think the bar for another ECB rate hike is high. Outside of... Read More

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Posted: Oct 26 2023, 01:45

Author Name: forexlive

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