ECB to Keep Rates Unchanged at 2.25%, Door Open for September Hike
The ECB is expected to hold its deposit rate at 2.25% on July 23, in line with consensus. President Lagarde is likely to maintain full optionality, hinting at a possible September rate hike.
EURUSD
The European Central Bank is widely expected to keep its deposit rate unchanged at 2.25% at its upcoming meeting on Thursday, July 23, matching both consensus forecasts and market pricing.
ECB President Christine Lagarde is anticipated to keep the door open for a future rate increase, likely leaving the door open for a September hike while maintaining full optionality on the policy path. The statement and press conference will be closely watched for any shift in forward guidance.
Source: FXStreet Forex News