Further comments by Lautenschlaeger
- Will wait for projections in March before changing view on rate hikes
- View on rate hikes are very much data-driven
- Have to think where to start with a rise in rates
- ECB has different key rates, not just one
Pretty much reconfirming that we're not likely to see a change in tone by the ECB next week. The central bank looks to be in a "wait and see" mode now as they're probably waiting for Q4 2018 data to pass through and then taking a peek at Q1 2019 data before making any changes to their risk assessment and rate guidance.
