: The ECB meets Thursday — here’s what to watch ahead of another jumbo interest rate increase

The European Central Bank on Thursday is expected to make its second consecutive jumbo sized rate hike of 75 basis points, taking its main policy rate to 1.5%. The decision is due at 2:15 p.m. local time, or 8:15 a.m. Eastern, with President Christine Lagarde’s press conference scheduled a half-hour later.