The ECB needs to keep interest rates above the 4% threshold to "
IMF Europe Director Alfred Comer warned the ECB that if it does not cut interest rates soon, it will be forced to tighten monetary policy more costly later.
The headquarters of the European Central Bank in Frankfurt am Main, Germany. (Photo: AFP/TTXVN)
The International Monetary Fund (IMF) said on November 8 that rapid wage growth in the euro zone could push inflation further higher.
The European Central Bank (ECB) should therefore keep interest rates at record levels next year to "ease" price pressures.
Last month, the ECB broke its record of 10 consecutive interest rate hikes. Markets are therefore predicting that the bank's next move could be a rate cut in April.
The headquarters of the European Central Bank in Frankfurt am Main, Germany. (Photo: AFP/TTXVN)
The International Monetary Fund (IMF) said on November 8 that rapid wage growth in the euro zone could push inflation further higher.
The European Central Bank (ECB) should therefore keep interest rates at record levels next year to "ease" price pressures.
Last month, the ECB broke its record of 10 consecutive interest rate hikes. Markets are therefore predicting that the bank's next move could be a rate cut in April.
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