Reported about 1 month ago
The European Central Bank (ECB) is expected to announce a reduction in interest rates this Thursday, following a similar move in July, as global monetary policy shifts towards synchronized easing. This decision is seen as a precursor to the Federal Reserve's imminent rate cut, with both institutions reacting to stabilizing inflation risks. ECB President Christine Lagarde will focus on growth prospects while financial markets are keenly observing for signals regarding future monetary policy adjustments.
Source: YAHOO