✉news BusinessBanking first seen 7 d ago, last 6 d ago, peak #8
ECB's Panetta Says More Rate Hikes May Be Needed to Tame Prices
Original: ECB’s Panetta Says More Hikes May Be Needed to Tame Prices
European Central Bank executive board member Fabio Panetta said further interest rate increases may still be required to bring inflation back to target, signaling that the battle against high prices is not over. His comments add to debate over how much tighter the ECB's monetary policy needs to be, with officials divided on the pace and scale of future moves.
Why now: Investors are watching ECB officials closely for signals on the future path of interest rates amid persistent inflation concerns
Fabio PanettaEuropean Central Bank
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