Wunsch Says ECB's Case for Other Hike Not as Strong Now

European Central Bank Governing Council member Pierre Wunsch says a further interest-rate hike isn’t as clear as it was after the June meeting. “We might need another hike — that’s,...

By Bloomberg Markets · Bloomberg Markets

European Central Bank Governing Council member Pierre Wunsch says a further interest-rate hike isn’t as clear as it was after the June meeting. “We might need another hike — that’s, of course, what the market is pricing — but not as much as we thought in June,” he says in an interview with Bloomberg's Francine Lacqua at the ECB Forum on Central Banking in Sintra, Portugal. (Source: Bloomberg)