- Governing Council Sees Headline 2015 Inflation at 1.3%
Trading the News: European Central Bank Interest Rate Decision
According to a Bloomberg News survey, 40 of the 54 economists polled see the European Central Bank (ECB) retaining its current policy in March, but the broad range of market speculation (rate cut, negative deposit rates, verbal intervention, unsterilized bond purchases, Long-Term Refinancing Operation) may produce increased volatility around the interest rate decision as market participants weigh the outlook for monetary policy.
What’s Expected:
Time of release: 03/06/2014 12:45 GMT, 7:45 EST
Primary Pair Impact: EURUSD
Expected: 0.25%
Previous: 0.25%
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