Economics

ECB’s Stournaras Reckons Investor Rate-Hike Bets Are Unwarranted

  • Expectations aren’t compatible with guidance, he says
  • Bank of Greece governor comments in Bloomberg TV interview
WATCH: Early rate-hike bets “are not in accordance with our forward guidance,” Stournaras tells Bloomberg.Source: Bloomberg
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Investors shouldn’t expect premature interest-rate increases from the European Central Bank as it plots its exit from pandemic stimulus, Governing Council member Yannis Stournaras said.