ECB's Kocher says the Bank must hike rates if the economic situation fails to improve soon
ORIGINAL · NewsquawkECB's Kocher says the Bank must hike rates if the economic situation fails to improve soonRead originalHide original
Inflation risks have clearly increased. Monetary policy response will be necessary if the situation does not improve in the near future. Inflation risks have clearly increased, but neither acting prematurely nor waiting idly will ensure price stability.
Kocher’s reported rate-hike signal is conditional on near-term economic improvement; the record cites increased inflation risks but gives no rate level or precise timeframe.
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Inflation risks have clearly increased. Monetary policy response will be necessary if the situation does not improve in the near future. Inflation risks have clearly increased, but neither acting prematurely nor waiting idly will ensure price stability.
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