ECB's De Cos is not foreseeing an interest rate hike in 2023 - NewsBreak

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By Vivian in Business
Updated 3 years ago

MADRID (Reuters) - The European Central Bank is not foreseeing an interest hike in the euro zone in 2023, ECB policymaker Pablo Hernandez de Cos said on Friday. The comments from De Cos came after ECB chief economist Philip Lane revealed in a private meeting with German economists that the ECB expected to hit its 2% inflation goal by 2025, the Financial Times said on Thursday in a report that was partly disputed by the bank.

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