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Vasle Reiterates That He Sees More Interest Rate Hikes Beyond March

ECB
  • Slovenian ECB representative Vasle reiterates that he sees more interest rate hikes as being needed beyond March, and that it is important that the policy mix backs slowing inflation.
  • Nothing new there from the ECB member, who had said back in early February: “For the time being, we are firmly determined to continue with the increases,” and “With core inflation persisting at such high levels, it’s clear rates will have to be moved into a restrictive zone”
  • EUR, Bunds see no immediate reaction.

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