Pimco Expects ECB to Hold Rates Unchanged This Week
Pimco expects a unanimous ECB decision on Thursday to keep rates unchanged, leaving the deposit rate at 2.50%.
Pimco expects a unanimous interest-rate decision by the European Central Bank on Thursday, says portfolio manager Konstantin Veit. Pimco, in line with the market, expects the ECB to keep rates unchanged at the meeting, leaving the deposit rate at 2.50%. Further out, money markets price in three ECB…