FOREX TradingCharts.com

Financial News: European Economic News Preview: ECB To Cut Interest

European Economic News Preview: ECB To Cut Interest Rates

06/05/2025 - 00:05:00 (RTTNews)

(RTTNews) - The European Central Bank is widely expected to cut its interest rates on Thursday after inflation fell below the 2 percent target in May.

Markets expect the bank to lower the deposit rate by another 25 basis points to 2.00 percent. The bank has reduced the policy rates by a quarter points each in every rate-setting session since September.

The announcement is due at 8.15 am ET. ECB Chief Christine Lagarde is slated to hold the press conference at 8.45 am ET.

Other major economic reports due for the day are factory orders and construction Purchasing Managers' survey results from Germany.

At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss unemployment data. The jobless rate is forecast to remain unchanged at 2.8 percent in May.

At 3.30 am ET, S&P Global releases Germany's construction PMI data for May.

At 4.30 am ET, UK construction PMI data is due. The index is forecast to rise to 47.2 in May from 46.6 in the previous month.

At 5.00 am ET, Eurostat is slated to publish euro area producer prices for April. Economists forecast producer prices to fall 1.8 percent on a monthly basis, following a 1.6 percent drop in March.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Slovakia GDP Growth Eases As Estimated (01 hr(s), 05 min(s), 02 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story»

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply (01 hr(s), 50 min(s), 02 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story»

U.S. Job Growth Slightly Exceeds Estimates In May (02 hr(s), 37 min(s), 02 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (02 hr(s), 42 min(s), 02 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»

U.S. Employment Jumps Slightly More Than Expected In May (03 hr(s), 45 min(s), 02 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

France Industrial Output Falls 1.4% (03 hr(s), 52 min(s), 02 sec(s) ago)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story»

French Trade Gap Widens In April (04 hr(s), 56 min(s), 02 sec(s) ago)
(RTTNews) - France's trade deficit increased in April as exports fell faster than imports, dat ...Full Story»

Russia Central Bank Cuts Rate By 100 Bps (05 hr(s), 35 min(s), 02 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate unexpectedly by 100 basis points ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Slovakia GDP Growth Eases As Estimated

06/06/2025 - 11:17 AM (RTTNews)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story>>

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply

06/06/2025 - 10:32 AM (RTTNews)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story>>

U.S. Job Growth Slightly Exceeds Estimates In May

06/06/2025 - 09:45 AM (RTTNews)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story>>

Austrian GDP Recovers Slightly Less Than Estimated

06/06/2025 - 09:40 AM (RTTNews)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story>>

U.S. Employment Jumps Slightly More Than Expected In May

06/06/2025 - 08:37 AM (RTTNews)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.