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Will the ECB hike rates or not? Decision set to be cliff hanger as economic data sours

Por: MarketWatch Politics September 11, 2023

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The decision will be delivered at 2:15 p.m. local time, or 8:15 a.m. Eastern, followed by a press conference a half-hour later. The HCOB eurozone composite PMI fell to a 33-month low in August of 46.7, on a scale where readings below 50 indicate deteriorating conditions. Eurozone GDP was revised lower for the second quarter to show scant 0.1% quarter-on-quarter growth. The outlook for key trading partner China is as muddy as ever. It’s worth... + full article



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