This on the latest Reuters poll of what is expected from the European Central Bank

A deposit rate hike is expected in Q4 of 2019 at the earliest by the majority of those polled

  • the previous survey had shown expectation had been for a hike in Q3 of 2019

ECB guidance is for a Q3 hike.

Economists polled citing the run of weaker data for the pushing back of the hike.

More poll results:

  • cut growth outlook for Germany, France and Italy compared with an October poll
  • "While an outright recession will probably be avoided this year, a sharper-than-expected slowdown in the U.S. or further escalation of the (U.S.-China) trade war may be enough to cause a mild recession," said Andrew Kenningham, chief euro zone economist at Capital Economics.