ECB set to start countdown on new eurozone stimulus

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ECB set to start countdown on new eurozone stimulus
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FRANKFURT AM MAIN: The European Central Bank is likely to point Thursday (Jul 25) to an interest rate cut in September, analysts say, although ...

FRANKFURT AM MAIN: The European Central Bank is likely to point Thursday to an interest rate cut in September, analysts say, although recent hints towards bucking up sluggish growth and inflation could even mean a move this week.

While highlighting a resilient domestic economy, members at the ECB governing council table in Frankfurt will continue eyeing threats from abroad In June, the ECB said rates will"remain at their present levels at least through the first half of 2020".

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