Central Banks
ECB Lacking Consensus for Jumbo Rate Hike Some Officials Want
- Holzmann, Knot want 75 basis-point move to be considered
- Others want a smaller increase as recession gets more likely
Robert Holzmann
Photographer: Roni Rekomaa/BloombergThis article is for subscribers only.
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Some European Central Bank officials want a jumbo three-quarter-point hike in interest rates to be considered at next month’s meeting, though at present there doesn’t appear to be a majority backing such a move.