ECB Governing Council Member Notte: The market may

Aihucha News, September 6: Investors are currently betting that the European Central Bank will not raise interest rates next week, but ECB Governing Council member Nott said that the market has underestimated the possibility of raising interest rates. The Dutch central bank president said that while the slowdown in the euro zone would certainly dampen demand, the latest inflation forecasts were not much different from the previous round in June. He said: "I still think that to achieve the 2% inflation target by the end of 2025 is the minimum we have to achieve, and I would obviously be uncomfortable if developments led to a further delay in the deadline. I would not really mind if there was a slight delay. ." Commissioners from Germany, Belgium, Austria and Latvia have signaled support for an additional 25 basis points, possibly the last of this cycle. President Lagarde made no promises other than to say that inflation is too high and the ECB is determined to tame it and that decisions will be based on relevant data. Knott finally said: We have reached the fine-tuning stage of the tightening cycle, but further interest rate hikes are still possible, but not certain.