“If additional shocks come, and if the information we have proves to be incorrect, we may have to hike another time or perhaps two times,” Robert…
By Hannah Ward-Glenton,CNBCAustrian central bank Governor Robert Holzmann said the European Central Bank could implement one or two further interest rate increases, if there are"additional shocks" to the economy.
The hiking cycle could end,"if everything goes well," but"if additional shocks come, and if the information we have proves to be incorrect, we may have to hike another time or perhaps two times," Holzmann told CNBC's Joumanna Bercetche on Tuesday, speaking from the International Monetary Fund's World Bank Forum in Marrakesh.
Earlier in the day, Holzmann's French counterpart, Francois Villeroy de Galhau said"inflation is the sickness," while forecasting a landing near 2% by 2025. Austrian central bank Governor Robert Holzmann said the European Central Bank could implement one or two further interest rate increases, if there are"additional shocks" to the economy.
The hiking cycle could end,"if everything goes well," but"if additional shocks come, and if the information we have proves to be incorrect, we may have to hike another time or perhaps two times," Holzmann told CNBC's Joumanna Bercetche on Tuesday, speaking from the International Monetary Fund's World Bank Forum in Marrakesh.in September, continuing a cycle that has lasted almost two years.
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