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✉news BusinessBanking first seen 6 h ago, last 2 h ago, peak #8

ECB's Dolenc says current rate level keeps options open

Original: ECB's Dolenc says that the current ECB rate level ensures flexibility for the central bank's upcoming rate decisions

European Central Bank governing council member Bostjan Dolenc said the current interest rate level gives the bank flexibility for its upcoming rate decisions. He suggested policymakers are in no hurry to move rates again and can react as new economic data arrives, comments that will be watched for hints about the direction of the ECB's next policy meeting.

Why now: Investors are parsing ECB officials' remarks for signals about the timing and direction of the next rate move.

European Central BankBostjan Dolenc

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