The European Central Bank should confirm, at 1:15 PM in Lisbon, an increase in the reference interest rate from 2.25% to 2.5%. This decision represents another step in the monetary tightening process implemented by the eurozone monetary authority.
The press conference by the ECB president, Christine Lagarde, will begin half an hour after the announcement of the interest rate decision, broadcast from Berlin. Lagarde is expected to be questioned about the future prospects of European monetary policy.
The expected increase comes in a context of persistent concerns about inflation in the eurozone, which has led the ECB to maintain an upward trajectory of interest rate hikes in an attempt to control the widespread rise in prices.
Markets are closely following this meeting, awaiting not only the increase itself, but also any indications about the continuation of this restrictive policy in the coming months.
