Slok Says ECB Hike in September Is Possible Despite Energy Drop
The European Central Bank will probably still consider raising interest rates in September even after a substantial decline in energy prices since its last meeting, according to Torsten Slok, chief...
By Francine Lacqua, Rose Henderson, Fabrice Obrist · Bloomberg Markets
The European Central Bank will probably still consider raising interest rates in September even after a substantial decline in energy prices since its last meeting, according to Torsten Slok, chief economist of Apollo Global Management Inc.