ECB, Wunsch: rate hikes could continue beyond September

ECB Wunsch rate hikes could continue beyond September

(Finance) – Without a drop in core inflation, i.e. net of energy and food, “there is really the possibility that we will raise rates in September”. of interest. She said it Pierre WunschPresident of the Belgian Central Bank and then a member of the Governing Council of the European Central Bank (ECB), on the sidelines of an event in Brussels.

If the core is kept at 5% year-on-year over the next few months, we will continue to increase even beyond SeptemberWunsch added, according to Bloomberg reports.

This morning the President of the Bundesbank, Joachim Nagelsaid there was “a long way to go” and officials “may have to continue raising rates after the summer break.”

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