Skip to content

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
Olli Rehn
Olli RehnPhotographer: Roni Rekomaa/Bloomberg

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.