The ECB rate decision will be announced 15 January at 12:45 PM GMT (11:45 PM in Canberra), and at this time the forex trading market has priced into the Euro currency crosses a 50bps reduction in refi rates to 2.0% from the current level of 2.5%.
The Eurozone-wide consumer price index printed 1.6% y/y in December, [...]

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