Euro Rally Is Latest Risk to ECB’s Inflation Outlook

The ECB, which also publishes quarterly surveys on bank lending and professional forecasters’ economic views in the coming week, is one of a dozen central banks due to set rates. The UK, Mexico and the Czech Republic are also expected to hold, while India and Poland may cut. Australia’s RBA might become the first major central bank to hike this year.“Europe has had a geopolitically turbulent start to the year, and the ECB will likely continue to focus on the forest instead of the trees. That means it will p ...