ECB's De Cos: No rate hikes expected in 2022 - Breaking The News

ECB's De Cos: No rate hikes expected in 2022

20 January

1 min read

EPA-EFE/J.J. GUILLEN

Bank of Spain Governor Pablo Hernandez de Cos said on Thursday that the European Central Bank (ECB) is not expected to raise interest rates before the end of 2022.

His comments echo those of ECB President Christine Lagarde who said that a rate hike is "very unlikely" before 2023 and Bank of Latvia Governor Martins Kazaks who noted he believes rates could be increased early next year.

ecb de cos

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