ECB's Rehn: it would be logical for the ECB to hike its key interest rate at latest by next year

Joel Frank Independent Analyst

European Central Bank governing council member said on Friday that it would be logical for the ECB to hike its key interest rate at latest by next year, in an interview with Helingin Sanomat. The ECB will ensure that the inflation rate remains moderate in the medium-term, he added.

Market Reaction

The euro has not reacted to the latest comments from ECB's Rehn, with the market very much already expecting a few ECB rate hike by the end of 2022 in wake of Thursday's hawkish ECB meeting.

Author

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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