ECB Governing Council member Kocher says that if new forecasts confirm increasing price pressures, another rate hike will be necessary

智通财经2026/09/01 09:16

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Members of the European Central Bank Governing Council and the Governor of the Austrian Central Bank stated that if the new forecasts show increased price pressure in the eurozone, the central bank will have to raise borrowing costs again. The risk of rising inflation has intensified recently. If the ECB's new forecasts confirm this situation, it will be necessary to hike interest rates again in the near future.
Due to the ongoing Iran conflict causing inflation to remain above target, policymakers are expected to raise rates by 25 basis points on September 10. Investors expect further tightening of monetary policy after this month, which may push borrowing costs to a level that starts putting pressure on the economy. Officials discussed the necessity of adopting a "mildly restrictive" monetary policy back in July.
It is crucial to prevent inflation from remaining above the 2% target in the medium term. The key lies in a comprehensive analysis of the data; the central bank will continue to make decisions at each meeting and take action when necessary to ensure price stability.

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ECB Governing Council member Kocher says that if new forecasts confirm increasing price pressures, another rate hike will be necessary

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