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ECB eyes rate cut amid weakening outlook – preview of the September 12 meeting

The European Central Bank meet on Thursday, September 12. A rate cut is widely expected.

inflation is nearing 2%, and longer-term forecasts stable around 2%the recent flow of data is showing the economic outlook weakening

The meeting will bring updated European Central Bank macroeconomic forecasts

downward revisions to inflation forecasts for 2025 and 2026 are likely, lower oil prices and a stronger euro playing a role heregrowth forecasts may need to be revised lower

No new forward guidance is expected.

Coming up at 1215 GMT, 0815 US Eastern time

with the presser following a half hour later

This snapshot from the ForexLive economic data calendar, access it here.

The times in the left-most column are GMT.

The numbers in the right-most column are the ‘prior’.

The number in the column next to that, where there is a number, is the consensus median expected.

This article was written by Eamonn Sheridan at www.forexlive.com.

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