[Morgan Stanley: Oil Price Factors Will Prompt ECB to Keep Rates Unchanged Next Week] Jin10 News, July 16 – Morgan Stanley analysts stated in a research report that after the European Central Bank (ECB) raised interest rates in June, it is expected to keep rates unchanged at next week’s policy meeting. Analysts said: 'Economic data released since the June meeting places the ECB between its dovish scenario and baseline scenario. Recent remarks by the ECB President and other Governing Council members also confirm our and the market's general expectation that the ECB will hold steady.' Analysts believe the ECB still needs more economic data to determine its next policy move. Recent oil price fluctuations once again highlight the fundamental uncertainty in energy price trends. 'This factor alone is sufficient to prompt the ECB to avoid signaling a clear bias toward any policy direction, whether in its policy statement or press conference.'