ECB Hike May Be Inevitable to Keep Credibility, Stournaras Says
Preserving the European Central Bank’s credibility is a strong argument in favor of an interest-rate increase next month, according to Governing Council member Yannis Stournaras.
By Jana Randow · Bloomberg Markets
Preserving the European Central Bank’s credibility is a strong argument in favor of an interest-rate increase next month, according to Governing Council member Yannis Stournaras.