ECB Poised to Cut Interest Rates as Economic Outlook Deteriorates
The European Central Bank (ECB) is anticipated to cut benchmark interest rates by 25 basis points at the October meeting.
ECB President Christine Lagarde’s press conference will be closely watched for new policy insights.
The upcoming policy announcements are expected to create volatility in the EUR/USD exchange rate.
The interest rate decision will be revealed on Thursday at 12:15 GMT.
