- ECB Governing Council member, Benoit Coeure: the ECB will go on raising rates only with inflation from higher wages
Market news
23 January 2017
ECB Governing Council member, Benoit Coeure: the ECB will go on raising rates only with inflation from higher wages
During his presentation Coeure said that the recent rise in inflation rates was associated with an increase in oil prices. According to the banker, the ECB would be ready to raise interest rates only in the case of higher salaries. "At the moment this is not happening".
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