Central Banks

ECB to Hold With Economy on Sturdier Footing: Decision Guide

WATCH: “It’s going to be a very challenged meeting in terms of communication” for President Christine Lagarde, according to Barclays.Source: Bloomberg

The European Central Bank is set to keep interest rates unchanged for a fourth meeting with new economic projections likely to point to solid growth and policymakers confident inflation won’t stray excessively from their target.

The deposit rate will be held at 2% on Thursday, according to all respondentsBloomberg Terminal in a Bloomberg survey. Analysts reckon it will remain there through 2027, with a majority now predicting a hike — rather than a reduction — is likelier next.