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European Central Bank Preview: ECB likely to keep interest rates unchanged as stagnation signs mount
The European Central Bank (ECB) is widely expected to leave interest rates unchanged for the first time since early 2022, following the conclusion of its monetary policy meeting on Thursday. The Bank will publish its quarterly updated staff projections alongside, while ECB President Christine Lagarde’s press conference will follow at 12:45 GMT. European Central Bank interest rate decision: What to know in markets on Thursday: • EUR/USD is fading its recovery from near 1.0750 as the US Dollar (USD) stabilizes following the mixed US Consumer Price Index (CPI) data. • The annual United States inflation gauge rose ... (full story)