ECB Decision Day Guide From Negative Rates to Liquidity Measures

Here’s what to look for when the European Central Bank’s 24-member Governing Council releases its monthly interest-rate decision for the euro area at 1:45 p.m. and ECB President Mario Draghi holds a press conference in Brussels at 2:30 p.m.

-- Benchmark rate: Only 2 of 58 economists in a Bloomberg News survey predict a cut in the main refinancing rate from the current record-low 0.25 percent. G&P Institutional Management says the ECB will lower the rate to 0.15 percent, and Raiffeisen Zentralbank predicts a reduction to 0.1 percent.