The European Central Bank appear on track for another 25bp rate cut at their next meeting on December 12. They seem to be behind the curve.

Times below are GMT/US Eastern time:

• 1400/1000 European Central Bank President Christine Lagarde in conversation with Francine Lacqua, Bloomberg
• 1500/1100 European Central Bank chief economist Philip Lane takes part in a fireside chat at Central Banking Seminar of Federal Reserve Bank of New York
• 1915/1515 Participation by European Central Bank President Christine Lagarde in panel discussion about “The future of cross-border payments: faster safer together – safe and inclusive fast payments across borders” during the IMF/WB Annual Meetings
• 2000/1600 European Central Bank chief economist Philip Lane gives a speech at a seminar organised by Columbia University

When one of each isn’t enough

This article was written by Eamonn Sheridan at www.forexlive.com.