ECB's Kocher Signals Potential Rate Hike if Inflation Outlook Worsens
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ECB's Kocher signals potential rate hike if inflation outlook worsens
A potential ECB rate hike could strengthen the euro, impacting global markets and speculative assets, while geopolitical tensions add uncertainty. The post ECB’s Kocher signals potential rate hike if inflation outlook worsens appeared first on Crypto Briefing.
OeNB Governor and Governing Council member Martin Kocher: In the absence of a slowdown in inflation, the central bank will not get around an increase in interest rates in the near future.
The European Central Bank (ECB) will have to tighten monetary policy if the inflation outlook does not improve significantly. In an interview with the Neue Zürcher Zeitung newspaper on Monday, ECB Governing Council member Martin Kocher said this, Reuters reports. Energy prices continue to rise due to the conflict in Iran and if the situation does not improve significantly, "a change in interest rates will not be avoided in the near future," Koch…
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