Tue, Feb 07, 2023 @ 05:06 GMT
HomeLive CommentsECB Rehn: There are grounds for significant increases in interest rates

ECB Rehn: There are grounds for significant increases in interest rates

ECB Governing Council member Olli Rehn said “there are grounds for significant increases” in the key interest rate in the winter and early spring.

Rehn declined to estimate the terminal rate. “It’s certain that the rate hikes that we’ve already made and the forward guidance on upcoming hikes have the effect that markets are pricing in a lot of it into the Euribor rates,” he said.

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