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Stournaras to Bloomberg: An Interest Rate Hike in October Cannot Be Ruled Out - "There Is No Need for Haste"
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Stournaras: An Interest Rate Hike in October Cannot Be Ruled Out if There Are Inflationary Pressures
The Greek central banker warned that the economic environment remains volatile.
Markets are discounting a third 25 basis point deposit rate hike next month.
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larissanet.gr
larissanet.grIn an interview with Bloomberg, he said that the international environment remains volatile and an inflation spike cannot be ruled out. More...
Stournaras also stressed that the increase in interest rates by the US Federal Reserve this week is also helping the ECB.
"If there is a spike in inflation in September or an increase in energy costs, an interest rate hike in October cannot be ruled out," he said.
·Greece
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