Reuters Interview with ECB Policymaker Dolenc
Primoz Dolenc said the ECB may need more tightening as inflation risks stay elevated, while core inflation remains relatively stable, he said.
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The European Central Bank may continue to raise interest rates due to the multiple risks of inflation accelerating further, said Primož Dolenc, a member of the institution’s Governing Council and governor of the central bank of Slovenia. However, he stressed that the timing and size of a possible new increase were too uncertain to predict. “The persistently high inflation that we see in the September forecast and the lack of a resolution to the …
With inflation risks to upside, ECB may need to hike more ...
Global Market: ECB may need further rate hikes as inflation risks remain elevated, Dolenc says
The ECB may raise interest rates further as inflation risks remain tilted upward, with rates already at 2.5% and inflation at 3.8%. Policymaker Primoz Dolenc cited energy, food and geopolitical risks, while noting stable core inflation. Strong economic growth could add pressure, but rising bond yields pose risks to euro zone activity.
With inflation risks to upside, ECB may need to hike more
The European Central Bank may have to keep raising interest rates given an abundance of upside inflation risks but the timing and size of any move remain far too uncertain to predict, ECB policymaker Primoz Dolenc said.
(Teleborsa) - "Persistently high inflation, which emerges from our September projections, and the failure to resolve conflicts in the Middle East, Ukraine and elsewhere, support the opportunity to...
The rise in inflation in the eurozone to 3.8 percent has left the European Central Bank facing new interest rate hikes. ECB Governing Council Member Primož Dolenc warned that interest rates could be raised further, noting energy prices and low natural gas inventories.
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