A high-risk monetary policy meeting opens next Thursday. The European Central Bank will hold its monetary policy meeting in a particular context. Faced with the economic upturn that is gaining Europe and inflation that has reached its target, officials at various levels of the European Central Bank led by Christine Lagarde will hold a monetary policy meeting on Thursday. Everywhere, the leading activity indices (PMI) are at their highest for at least three years, and the services sector is starting to rebound very strongly. Above all, inflation reached the ECB's 2% target in May. An unprecedented phenomenon since 2018. The acceleration was predictable, but it was rather expected at the end of the year.

The new quarterly economic forecasts from the central bank will be presented. The latest messages sent by members of the institution rather suggest that the steady pace should be maintained. At worst, it would be marginally slower this summer, due to less market activity.