The AgendaTrading

European Central Bank (ECB) Monetary Policy Meeting

The ECB Governing Council meets to determine Eurozone interest rates, followed by a press conference from President Christine Lagarde.

Decision announced at 2:15 pm CET / 9:15 am ET · Frankfurt, GermanyIn 5 weeks

Until it begins

38
Days

Time to be confirmed

European Central Bank (ECB) Monetary Policy Meeting
Photo: European Parliament from EU / Wikimedia Commons (CC BY 2.0)

What it is

The Governing Council of the European Central Bank holds its monetary policy meeting to determine key interest rates for the Eurozone. The decision is announced alongside a press conference hosted by President Christine Lagarde.

Why it matters

The ECB's policy stance drives the valuation of the Euro and European sovereign debt while influencing lending rates across the continent. Investors will weigh Lagarde's commentary on inflation persistence and wage growth to map out the Eurozone's macro trajectory heading into year-end.

What to watch

  1. 01

    Adjustments or holds to the deposit facility rate.

  2. 02

    President Lagarde's assessment of Eurozone wage growth and services inflation.

  3. 03

    Forward guidance on rate normalization without fresh macroeconomic staff projections.

The Agenda

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The Brief

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