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Analysis: European Central Bank Expected to Maintain Interest Rates Tonight, Market Reaction Likely to Be Muted

Summary: According to sources, as reported by Xinhua News Agency, strategists at Deutsche Bank predict that the European Central Bank will keep the deposit rate unchanged at 2.00% tonight, and suggest that as this meeting may not signal new policies, the market reaction is likely to be muted. The strategists believe that the ECB may emphasize ...

According to sources, as reported by Xinhua News Agency, strategists at Deutsche Bank predict that the European Central Bank will keep the deposit rate unchanged at 2.00% tonight, and suggest that as this meeting may not signal new policies, the market reaction is likely to be muted. The strategists believe that the ECB may emphasize the resilience of the Eurozone economy while acknowledging the unusually severe global uncertainties. The ECB is expected to continue its policy path of data-driven, incremental decision-making at each meeting.

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