Offering a contrary view on the consensus that the ECB is about to hike, Dave Kansas says it's...

|By:, SA News Editor

Offering a contrary view on the consensus that the ECB is about to hike, Dave Kansas says it's hard to believe the bank has changed into a hawkish outfit all of a sudden. Hiking in the face of solid growth, growing inflation, and PMI price indices (pdf) off the charts isn't exactly hawkish. It's just facing reality.