ECB Rate Decision In The Balance
MARKET NEWS
FRANKFURT -- Analysts are split over the prospects for eurozone interest rates ahead of this Thursday’s European Central Bank meeting in Frankfurt.
"I can’t see them [the ECB] going for any change this week," Jeremy Stretch, currency strategist at RBC Dominion Securities in London told FX Week. "Inflationary pressures are easing, but I don’t think the Bank is proactive enough to react."
However, Jeremy Hawkins, chief economist at Bank of America in London told FXWeek: "There is more than a 50%
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