ECB to announce interest rate decision on September 14。Amid the economic malaise, the bank's probability of raising interest rates by 25 basis points in September has fallen from the previous 40 per cent to the current 30 per cent, according to money market expectations.。

In the case of the ECB, the bank also needs to do everything it can to eradicate the eurozone's high inflation enemy and save the region's economy from fire and water.。Only, sometimes, the invisible inflation enemy is more terrifying than the tangible villain in the play.。

The weak shift in wording has caused infinite reverie in the market, with some arguing that the wording suggests that the ECB may have ended its rate hike cycle。

After a July rate hike was a foregone conclusion, the ECB's governing council began to grow concerned that future interest rate conditions in the eurozone could put pressure on the economy。

At the policy panel discussion held on June 28, the three-day economic forum reached its climax - the heads of central banks of Europe, the United States, the United Kingdom and Japan gathered to express their views on the current monetary policy of each country.。