Investors and analysts expect the European Central Bank (ECB) to cut interest rates by another 25 basis points at its meeting this Thursday.

Additionally, investors will closely watch the ECB’s statement regarding the impact of trade tensions on the Eurozone economy and the future outlook for interest rates.

Raphael Bostic, President of the Atlanta Federal Reserve, commented that the Fed still needs to maintain current interest rates in order to bring inflation down to the 2% target. This has dampened investor hopes for further rate cuts.

Source: Fxstreet