Today, April 17, the ECB is animated by the rate war and the rebellion of the euro

Date:

The desk meets on Thursday and everything indicates that the types will descend for a quarter of a quarter, to 2.25 %.

He European Central Bank (ECB) will fall on Thursday, predictable, the interest rates In one percentage point, until 2.25 %; The new cut comes with the appreciation of euro against the dollar because duty Announced by the President of the United States, Donald Trump. In the decision, the Inflation -descentOne of the arguments of the organism for its monetary policy.

Any other decision, which will be the sixth consecutive and seventh decrease in this Bearish cycle, would be a surprise for markets and analysts.

The ECB’s board of directors will meet this afternoon (2:15 pm) in Frankfurt, truncated with a route map through the rate war. Far from the debate in March from the ease of pausing the decreases, the office must now act A call to calm down Confronted with the growing concern about Economic After the announcement of Trump’s taxi to the EU (although they were partially suspended for 90 days).

The disinflation It seems to have been accelerated in recent weeks: general inflation has been reduced to 2.2 % year -on year (2.3 % in February) and the underlying, up to 2.4 % year -on year (2.6 % in February).

The ECB is also expected to accompany the decision with a Cauto -Speech on future prospects. The next key event is June, when the agency will update its macro -economic projections.

Recently the President of the European Bank, Christine Lagarde, was prepared to use “all instruments” to guarantee price stability for the “potential and effective” impact that rates can have.

Source: EITB

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