Economy / Markets
ECB set to keep rates at 2.25% in Thursday's Berlin meeting preview
The European Central Bank's Governing Council meets September 9-10 in Berlin, hosted by the Deutsche Bundesbank, with the rate decision and Christine Lagarde's press conference scheduled for the second day. The deposit facility rate has been held at 2.25% since the June 11 hike from 2.00%, and the July 23 meeting kept the three key rates unchanged. Market pricing is split on whether the September decision marks the end of the post-energy-shock tightening or the start of a more sustained pause, with new staff macroeconomic projections adding the usual projection-meeting weight.