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Citi Says Oil Would Need to Fall Further to Derail ECB and BOE Hike Prospects

Citi's Jamie Searle says energy prices would have to fall much further to derail prospects of rate hikes by the European Central Bank and Bank of England.

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Energy prices would have to fall much further to derail prospects of interest-rate hikes by the European Central Bank and the Bank of England, Citi's Jamie Searle says in a note. "Only time will tell if the U.S. midterms do represent a turn for Middle East policy with implications for ECB/BOE hike…

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