ECB’s Nowotny: Market expectations of delayed rate hike worrying

Haresh Menghani FXStreet

Adding to his earlier comments, the European Central Bank (ECB) Governing Council member Ewald Nowotny was further noted saying that risks to growth are not so significant that we would change our monetary policy orientations.

Additional Quotes:

• Market expectations of delayed rate hike worrying.
• The market assumes a weaker economy, but ECB forecasts don't.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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