Recent events in Japan and the sharp fall in euro-zone equity prices mean that an interest rate hike by the ECB in April is now less certain. For now at least, we continue to think that the Bank will raise interest rates next month. But even if it does not, a near-term interest rate hike still seems likely given the ECB’s ongoing concerns about building inflationary pressures.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services