Eco Week Ahead
ECB Quarter-Point Quandary Keeps Market on Tenterhooks
- Key US consumer-price data may show slowing annual growth
- Chinese industrial report, UK labor numbers also scheduled
The European Central Bank headquarters in Frankfurt, Germany.
Photographer: Ben Kilb/BloombergThis article is for subscribers only.
European Central Bank officials will debate a quarter-point interest-rate increase on Thursday, and the decision could go either way.
It’s looking likely that the dynamics of the meeting in Frankfurt will determine whether policymakers opt for a 10th consecutive hike in borrowing costs or choose to pause, along with delivering a probable message of hawkishness.