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Visco Voices Frustration at Colleagues' Voicing Preference for Protracted Tightening

ECB
  • Reuters cites ECB's Visco as stating that he does not appreciate ECB colleagues' statements on future and prolonged increases in interest rates, adding that the ECB council has agreed to decide on rates meeting-by-meeting without forward guidance.
  • Visco possibly (but not necessarily) referring to recent interview with ECB's Holzmann in Handelsblatt, who outlined his preference for four further 50bps hikes at the ECB back on March 6th.

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