ECB Says It Is Still Not the Right Time to Stop Raising Interest Rates, Further Rate Hike Must be Decided

Published: Apr 25, 2023 13:23
Philip R. Lane, Member of the Executive Board of the European Central Bank (ECB), said that it is still not the right time to stop raising interest rates.

SHANGHAI, Apr 25 - Philip R. Lane, Member of the Executive Board of the European Central Bank (ECB), said that it is still not the right time to stop raising interest rates.

And current data suggest that we will have to raise interest rates again at the upcoming policy meeting.

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