ECB chief Christine Lagarde may stick with the high-for-longer mantra that has pushed up long-dated bond yields.
A weakening economy meanwhile suggests the need for further tightening is limited but the ECB is likely to push back against rate-cut speculation.
ECB chief economist Philip Lane says the ECB will need time, possibly until next spring, before it can be confident that inflation is coming down.
The ECB expects headline inflation to ease to 3.2% in 2024 from an average of 5.6% in 2023.
Oil price moves, inflation outlook shifts4/ What does the ECB do if things go wrong with Italy?
Persons:
Christine Lagarde, Johanna Geron, Francis Yared, Philip Lane, Lagarde, PEPP, Reinhard Cluse, Chris Jeffrey, Cluse, ING's Brzeski, Dhara Ranasinghe, Stefano Rebaudo, Naomi Rovnick, Susan Fenton
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Brussels, Belgium, Europe, United States, Italy, Germany