ECB’s Knot says at least two more rate hikes needed, bets on cuts too optimistic
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Hellenic Shipping News
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29.05.2023. 16:15
ECB’s Knot says at least two more rate hikes needed, bets on cuts too optimistic
The European Central Bank (ECB) needs at least two more 25-basis-point interest rate hikes and market pricing of early 2024 rate cuts are overly optimistic, Dutch Central Bank chief Klaas Knot said in an interview published on Thursday. The ECB has raised rates by a combined 375 basis points since »»»
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