ECB’s Dolenc Sees No Urgency to Hike If Energy Markets Stay Calm

ECB Governing Council member Primoz Dolenc said rates could be kept unchanged at the next meeting, but only if the Middle East situation does not escalate. The comment flags geopolitical risk as a key conditional input into the ECB’s near-term rate decision.

Analysis

ECB Governing Council member Primoz Dolenc said rates could be kept unchanged at the next meeting, but only if the Middle East situation does not escalate. The comment flags geopolitical risk as a key conditional input into the ECB’s near-term rate decision.