ECBs Knot: Does not expect a rate hike at next policy meeting

<p>ECBs Knot is now weighing in. He says:</p><ul><li>Does not expect a rate hike at next policy meeting</li><li>comfortable with current interest rates</li><li>ECB will stay alert to signals indicating inflation remains too high</li></ul><p>The ECB chose to raise rates by 25 basis points last week. Since then the Fed, BOE and SNB kept rates unchanged.</p><p>Note: ECB's Lagarde is expected to speak at 10 AM ET.</p>

This article was written by Greg Michalowski at www.forexlive.com.