European Economic News Preview: ECB Policy Decision Due
2024年4月11日 - 10:59AM
RTTF2
The monetary policy announcement from the European Central Bank
is the top event due on Thursday. The ECB is widely expected to
keep its main refinancing rate unchanged at 4.50 percent today.
Markets anticipate the first rate cut in June as policymakers await
to see fresh round of staff projections, GDP growth and wage growth
figures for the first quarter.
The announcement is due at 8.15 am ET. The ECB Chief holds the
press conference at 8.45 am ET.
Other major reports due on Thursday are industrial production
from Italy and credit conditions survey results from the Bank of
England.
At 2.00 am ET, Statistics Norway is slated to release Norway's
monthly GDP data.
Half an hour later, inflation data for March is due from
Hungary.
At 4.00 am ET, Italy's statistical office ISTAT publishes
industrial output data for February. Production is expected to grow
0.6 percent on month, in contrast to the 1.2 percent decrease in
January. At 4.30 am ET, the Bank of England is set to issue credit
conditions survey results.
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