ECB may prime markets for rate cut in September

European fiscal policymakers are taking time to assess the strength of lingering inflation pressures

President of the ECB Christine Lagarde and the Governing Council will meet on Thursday this week to discuss monetary policy. 

European Central Bank (ECB) officials may be about to prime investors for another interest-rate cut, though only after one of the Governing Council’s longest-ever summer breaks between decisions.

The ECB are set to meet on Thursday this week to discuss the path forward for interest rates but a cut has already been effectively ruled out as policymakers take time to assess the strength of lingering inflation pressures.