The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.

European markets closed at record highs Thursday as investors reacted to the European Central Bank's fifth consecutive interest rate cut. The pan-European Stoxx 600 provisionally closed 0.9% ...

"There is really no reason to think the ECB won't continue to cut rates, at least to a neutral level, and we think quite probably below neutral by year-end," he said. Carsten Brzeski, global head ...