ECB’s Panetta States Case for Rate Hike Without Pre-Set Path

European Central Bank Governing Council member Fabio Panetta acknowledged the case for an interest-rate hike while urging colleagues not to flag subsequent tightening.

By Alessandra Migliaccio, Sonia Sirletti · Bloomberg Markets

European Central Bank Governing Council member Fabio Panetta acknowledged the case for an interest-rate hike while urging colleagues not to flag subsequent tightening.