Central Banks
ECB’s Muller Says Another ‘Substantial’ Hike Needed in December
Madis Muller
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
The European Central Bank should deliver another “substantial” increase in interest rates next month, according to Governing Council member Madis Muller.
October’s record inflation reading showed continued price pressures, said Muller, a hawkish official who also heads Estonia’s central bank.