MNI BRIEF: Risks To EZ Inflation "Two-Sided" - Dutch CB

Economic and financial developments suggest interest rates are at a balanced level and risks to inflation are two-sided, the Dutch National Bank said in a blog published Friday explaining the latest ECB decision to leave rates unchanged. 

"Economic and financial developments indicate that interest rates are at a balanced level: neither strongly stimulative nor significantly depressing. At the same time, the risks surrounding inflation are two-sided, and uncertainty surrounding U.S. import tariffs remains."

Leaving rates unchanged would allow more time for a better assessment of the effects of earlier rate cuts and economic developments, the blog noted.