ECB Vasle: More rate hikes needed to bring inflation to 2% target

by Ella

European Central Bank (ECB) policymaker Boštjan Vasle said on Friday that “more rate hikes are needed to bring inflation to the 2 percent target.”

“Core inflation remains elevated,” Vasle added.

market reaction

At press time, EUR/USD is maintaining its upward trend around 1.0775, up 0.11% on the day.

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