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ECB may need to raise rates further, Slovenian central banker says

Original: With inflation risks to upside, ECB may need to hike more, Dolenc says

Slovenian central bank governor Bostjan Dolenc said euro zone inflation risks are tilted to the upside, meaning the European Central Bank may need to keep raising interest rates beyond what markets currently expect. His comments add to a debate among policymakers over whether tighter monetary policy is still needed to bring inflation back to the bank's 2% target.

Why now: Markets and businesses are watching for signals on whether ECB rate hikes will continue amid stubborn inflation.

European Central BankBostjan DolencBank of Sloveniaeurozone

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Evidence

• With inflation risks to upside, ECB may need to hike more, Dolenc says · Reuters
• With inflation risks to upside, ECB may need to hike more, Dolenc says · Tacoma News Tribune

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