The European Central Bank (ECB) will announce its monthly decision on interest rates on Thursday, with opinion divided over whether it will cut rates in response to a sharp fall in inflation.
Last week's surprisingly low inflation data sparked concerns that the 17-country euro zone is heading for a period of deflation and boosted expectations of a near-team rate cut by the central bank when its governing council meets. Inflation fell to a near-four-year low of 0.7 percent in October.
(Read more: Pressure on ECB to cut rates)
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