Business & Finance
ECB’s Dolenc Sees No Urgency to Hike If Energy Markets Stay Calm
Key Points
Central Banks ECB’s Dolenc Sees No Urgency to Hike If Energy Markets Stay Calm The European Central Bank may be able to keep interest rates unchanged at its next meeting if the situation in the Middle East doesn’t escalate in the meantime, according to Governing Council member Primoz Dolenc. A pause in July could be warranted if energy costs stay near current levels, commodity-market gyrations don’t spread further and second-round effects don’t appear, Dolenc said Tuesday at the ECB’s annual...
Central Banks
ECB’s Dolenc Sees No Urgency to Hike If Energy Markets Stay Calm
The European Central Bank may be able to keep interest rates unchanged at its next meeting if the situation in the Middle East doesn’t escalate in the meantime, according to Governing Council member Primoz Dolenc.
A pause in July could be warranted if energy costs stay near current levels, commodity-market gyrations don’t spread further and second-round effects don’t appear, Dolenc said Tuesday at the ECB’s annual forum in Sintra, Portugal.