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✉news BusinessBanking first seen 17 h ago, last 10 h ago, peak #16

ECB Will Probably Have to Hike Interest Rates Again, Wunsch Says

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.

Why now: Markets are closely watching ECB officials for hints on whether further rate hikes are coming as inflation persists.

Pierre WunschEuropean Central Bank

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