Why the ECB’s June Interest-Rate Hike Is Becoming Less Certain

Two weeks after Christine Lagarde put investors on alert that the European Central Bank is moving toward raising interest rates, a hike in June is becoming less obvious.

With oil prices not spiking as high as many feared, no wider inflation spillover yet from the ramp-up in energy costs and the euro zone’s 20-nation economy stagnating, officials appear to be shifting their views.