Will the ECB cut interest rates in Europe

Will the ECB cut interest rates in Europe

Today’s main focus will be the ECB rate decision at 12.45pm followed by the press conference 45 minutes later. With Februarys inflation marginally stronger than anticipated at 0.8%, expectations that the ECB would be rushed into further policy stimulus at this meeting have faded. The press conference will be interesting to guide the immediate outlook.

If they do cut rates we hope the pounds to euro exchange rate will rise above the 1.22 region finally and present a great time for those buying euros