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ECB's Kaasik Indicates Further Rate Hike May Be Needed for Inflation Control · Cyprus Report

Economy · World

ECB's Kaasik Indicates Further Rate Hike May Be Needed for Inflation Control

1 sourceFirst reported 20 days agoUpdated 20 days ago

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European Central Bank Governing Council member Ulo Kaasik indicated that another rate hike is a reasonable expectation.
Kaasik's comments suggest that additional monetary tightening may be necessary to bring inflation back to target levels.
The remarks come in the context of economic impacts following the ongoing Iran war.

Generated by AI from the 1 sources below · always verify with the originals

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All coverage (1)

ECB’s Kaasik Says One More Rate Hike Is Reasonable ExpectationBloomberg · 20 days ago

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AI summary: catch up in 20 seconds

European Central Bank Governing Council member Ulo Kaasik indicated that another rate hike is a reasonable expectation.
Kaasik's comments suggest that additional monetary tightening may be necessary to bring inflation back to target levels.
The remarks come in the context of economic impacts following the ongoing Iran war.

Generated by AI from the 1 sources below · always verify with the originals