JP Morgan expects ECB next rate cut in December (vs prior forecast of October ).
Coverage of Thursday at the Bank:
- ECB leaves key interest rates unchanged in September monetary policy meeting, as expected
- ECB nudges up 2025 and 2026 inflation forecasts, trims 2027. Euro slips
- Lagarde press conference: Headwinds on growth should fade next year
- ECB sources: The rate-cut debate is not over but real discussion not until December
- ECB policymakers are convinced that no further rate cuts are needed to deliver 2% inflaton