Eurozone inflation falls to 1.7% in January
ECB expected to hold interest rates at meeting on Thursday
ECB expected to hold interest rates at meeting on Thursday

Economists polled by FT do not expect interest rate cut this year

Figure comes after ECB kept rates on hold

Economists expect ECB to keep rates on hold at December meeting

Figure was above expectations despite lower energy prices and stronger euro

Data release comes after Fed held interest rates last month

Softer price pressures in large Eurozone economies strengthen case for ECB to hold interest rates