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ECB's Kazimir: At Least One More Interest Rate Hike Will Be Needed

Second Round Effects Costly To Reverse, ECB Must Act Before They Are Visible Deterioration Of Outlook Would Warrant More Tightening Than Now Expected Rate Hike Will Be Warranted Even If Inflation Situation Improves Somewhat

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08:30:28 AM UTC
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ECB’s Kazimir: One more interest rate hike is needed

Second Round Effects Costly To Reverse, ECB Must Act Before They Are Visible Deterioration Of Outlook Would Warrant More Tightening Than Now Expected Rate Hike Will Be Warranted Even If Inflation Situation Improves Somewhat