European Central Bank could signal a September rate cut with a change in guidance this week

KEY POINTS
  • Expectations are divided as to whether the ECB wants to pre-empt a policy move by the U.S. Federal Reserve.
  • Traditional ECB watchers though expect a change in the central bank’s forward guidance at this month’s meeting.
  • Inflation expectations continue to be stubbornly low and the trade war risk is a drag on economic activity and sentiment especially for export-oriented economies. Read More@https://www.cnbc.com/2019/07/24/european-central-bank-could-signal-a-september-rate-cut.html

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