Global Market: ECB may need further rate hikes as inflation risks remain elevated, Dolenc says
The ECB may raise interest rates further as inflation risks remain tilted upward, with rates already at 2.5% and inflation at 3.8%. Policymaker Primoz Dolenc cited energy, food and geopolitical risks, while noting stable core inflation. Strong economic growth could add pressure, but rising bond yiel
The Bharath News1 min readSource: ET Markets
Read in
The ECB may raise interest rates further as inflation risks remain tilted upward, with rates already at 2.5% and inflation at 3.8%. Policymaker Primoz Dolenc cited energy, food and geopolitical risks, while noting stable core inflation. Strong economic growth could add pressure, but rising bond yields pose risks to euro zone activity.
Read the complete story at ET Markets00