Eco Week Ahead
ECB May Prime Markets for September Rate Cut
- Lagarde may signal a rate cut for the next time officials meet
- China GDP, US retail sales, UK and Canadian inflation also due
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European Central Bank officials may be about to prime investors for another interest-rate cut, though only after one of the Governing Council’s longest-ever summer breaks between decisions.
With a move on Thursday effectively ruled out as policymakers take time to assess the strength of lingering inflation pressures, traders are likely to watch closely for any clues offered by President Christine Lagarde on prospects for the Sept. 12 meeting.