There is a “strong probability” of raising interest rates

ECB: There is “strong probability” of raising interest rates

The president of the European Central Bank (ECB) admitted that there is “a strong probability” that the institution will raise interest rates until the end of the year, if inflation remains high.

“If the situation continues, as is currently thought, there is a strong chance that rates will rise until the end of the year,” said Christine Lagarde this Friday.

In the eurozone, inflation hit a record 7.5% in March, well above the 2% target set by the ECB.

Comments are disabled.

Source: Jornal i by

*The article has been translated based on the content of Jornal i by If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!