ECB Will Probably Have to Hike Interest Rates Again, Wunsch Says
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The European Central Bank will probably have to increase interest rates further, said Pierre Wunsch, a member of the Governing Council. "We will probably have to raise interest rates again," the Belgian central bank governor told Bloomberg Television on Wednesday. "But I'm not making any predictions anymore because there's so much uncertainty in...
The European Central Bank is expected to raise interest rates further, but uncertainty over energy prices and the war in Iran makes the timing of the next hike difficult to assess, ECB Council member Pierre Wunsch told Bloomberg TV on Wednesday.
European Central Bank (ECB) Governing Council member Pierre Wunsch said that raising interest rates again is likely as part of the fight against inflation, which is approaching 4 percent.
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