ECB to downgrade its risk assessment to "tilted to the downside"– Citi

The European Central Bank (ECB) is due to announce its first monetary policy decision later this Thursday at 1245 GMT, with the analysts at Citi expecting no changes to its monetary policy settings.

Key Quotes:

“Expects no changes to policy rates, forward guidance nor any new measures.

ECB likely to acknowledge weaker growth and inflation outlook, and to downgrade its risk assessment to "tilted to the downside".”