ECB ' s Holzmann expects more rate hikes to fight dogged inflation

Inflation in the euro zone is proving tougher to crack than expected and the European Central Bank will likely need to raise interest rates further, possibly above 4%, Austrian central bank chief Robert Holzmann said on Saturday. "Inflation is proving much tougher than thought," Holzmann, a member…#europeancentralbank #austrian #robertholzmann #holzmann #ecb #governingcouncil #siliconvalleybank #russian #western #raiffeisen
Source: Reuters: Health - Category: Consumer Health News Source Type: news