May 09, 2022 - 05:26 PM 254 views
While speaking in an interview in Austria, the
European Central Bank (ECB) governing council member Olli Rehen said that, "They
will probably begin to increase the interest rates in July to make sure that
the inflation estimations remain firm."
he added, "They are already seeing the symptoms of second-round
is vital to send a signal which indicates that these higher inflation rate
estimations that they are now watching
may not become a bred-in-the-bone.
later, but in his view, probably in July, they will start increasing the
interest rates in accordance with the monetary policy guidelines, and they
expect that when the autumn season arrives, they will be at zero.