The European Central Bank meet on Thursday 14 September. The statement is due at 1215 GMT, 0815 US Eastern time, with President Lagarde's press conference a half hour later.
Bank of America are expecting a 25bp rate rise for all three policy rates. Analysts at the bank concede it's a very close but believe the recent flow of data supports an interest rate hike. Further:
- We expect little forward guidance but the bias will be for more
Further ahead BoA expect the first ECB rate cut in June of 2024, "at the earliest""
- If September inflation print challenges our disinflation view we would likely delay our call for the first cut.
