Economics
ECB’s Rehn Wants July Rate Hike as Second-Round Effects Seen
- Finnish central bank chief wants rates at zero ‘by autumn’
- Governing Council member speaks in interview in Salzburg
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
The European Central Bank should start raising borrowing costs in July to prevent inflation expectations becoming de-anchored, said Governing Council member Olli Rehn.