ECB Expected to Hold Rates in July but Hike Still Possible, Analysts Say
While a rate hold is the baseline for Thursday's meeting, analysts at ING warn a surprise hike should not be ruled out and hawkish signals could emerge.
Masood Aslami
The European Central Bank is expected to hold interest rates at its July meeting, though analysts suggest a surprise increase cannot be ruled out and hawkish signals may emerge.
ECB officials are scheduled to meet on Thursday. While a rate hold appears the most likely outcome, analysts at ING said a surprise hike “should not be fully ruled out.”
Observers anticipate hawkish hints from the ECB, and a hike is not impossible, according to some observers.
The ECB will probably hold rates steady despite inflation concerns related to Iran, though one source emphasizes Iran inflation as a factor while another does not mention it.
Economics Correspondent · Talivio News
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