ECB Policymakers Ready to Hike Rates, But Won't Admit It Publicly

European Central Bank (ECB) policymakers made their decision to keep interest rates unchanged on Thursday in a remarkably short meeting.

The central bank's formal policy is to decide things meeting-by-meeting, which means officials are not obligated to provide reasons or explanations for their choices outside of the official meetings.

This stance was reinforced by President Lagarde when she stated that the ECB's decision was 'unanimous.'