Senior Editor Fergal O'Brien: The ECB is expected to cut interest rates by 25 basis points for the second time in a row. The market will look for clues about future interest rate changes, but Lagarde may be tight-lipped. In view of the worsening economic situation, the ECB's comments on economic growth and inflation will be closely analyzed.

Senior Editor Fergal O'Brien: The ECB is expected to cut interest rates by 25 basis points for the second time in a row. The market will look for clues about future interest rate changes, but Lagarde may be tight-lipped. In view of the worsening economic situation, the ECB's comments on economic growth and inflation will be closely analyzed.