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Pierre Wunsch

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    Pierre Wunsch, a member of the European Central Bank's governing council, said the ECB will probably need to raise interest rates again. His remarks add to the debate over how much further the bank must go to bring inflation back to its 2% target, and investors are watching for signals on the timing of the next move.

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    ECB's Wunsch rejects proposal to raise bank charges▼ECB's Wunsch pushes back on proposal to increase bank charges✉newsBusinessBanking5 d ago

    European Central Bank official Pierre Wunsch has pushed back against a proposal to increase charges levied on banks. The idea, reportedly under discussion within the eurozone's banking framework, would raise costs for lenders. Wunsch's intervention signals resistance within the ECB to the plan, and the debate over who should bear the burden of banking oversight costs is drawing attention among financial market watchers.