Oxford Economics Expects ECB to Hold Rates This Week
Oliver Rakau of Oxford Economics says there is no urgent need for the ECB to hike, citing inflation near its near-term outlook and few signs of second-round effects from the energy shock.
The European Central Bank is expected to keep interest rates on hold this week as there's urgent need to hike, Oliver Rakau at Oxford Economics says in a note. Inflation remains near the central bank's near-term outlook, while there are few signs of second-round effects from the energy shock, he sa…