ECB Shouldn’t Raise Rates Further, French Finance Minister Le Maire Says

French Finance Minister Bruno Le Maire urged the European Central Bank not to raise interest rates again, joining a cohort of politicians reacting to Thursday’s hike in borrowing costs.

“We are on the right track to reduce inflation,” Le Maire told Bloomberg Television on Friday in the western Spanish city of Santiago de Compostela, where he attended a meeting with euro-area counterparts on Friday along with ECB President Christine Lagarde. “Enough is enough!”