ECB official backs September rate hike as growth beats expectations

Bloomberg · 16 hours ago
ECB official backs September rate hike as growth beats expectations
  • Primoz Dolenc said the ECB has a good case to raise interest rates next month.
  • Dolenc said recent economic growth exceeded expectations and energy costs remain elevated.
  • He said developments around the Iran war do not show a significant improvement, while December data should clarify the inflation path.

Quotes

there’s a good case to raise interest rates next monthPrimoz Dolenc

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