The European Central Bank (ECB) interest rate decision will be announced following the December monetary policy meeting at 13:15 GMT on Thursday.
The European Central Bank is expected to cut benchmark interest rates by 25 bps at the December policy meeting. ECB President Christine Lagarde’s presser will be closely scrutinized for fresh policy cues. The ECB policy announcements are set to ramp up the Euro’s volatility. The European Central Bank interest rate decision will be announced following the December monetary policy meeting at 13:15 GMT on Thursday.
The statement may influence the volatility of the Euro and determine a short-term positive or negative trend. A hawkish view is considered bullish for EUR, whereas a dovish view is considered bearish. Read more. Next release: Thu Dec 12, 2024 13:15 Frequency: Irregular Consensus: - Previous: - Source: European Central Bank How could the ECB meeting impact EUR/USD? In November, EUR/USD lost nearly 3%.
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