When Will the European Central Bank Stop Raising Interest Rates? ECB Member Clarifies Start Date for Discussions

Arabictrader.com – A member of the European Central Bank’s Board of Directors, Gabriel Makhlouf, said today, Wednesday, that the main prices are likely to remain high for some time once they reach their peak during the coming period, adding that he will not specify the date for the European interest to reach its peak, despite There are some people in the markets who are pricing in a rate cut by the end of the year.

The European official added that there will be discussions on the issue of stopping interest rate hikes, and there will be a judgment on whether or not the European Central Bank needs to continue raising interest rates after next summer.

It should be noted that in a press interview on Wednesday, European Central Bank policy maker and Bank of the Netherlands Governor Claes Nott made some very pessimistic statements about inflation, monetary policy and its impact on financial markets.

Nott said that although financial markets in the region have not yet faced strong pressures due to the European Central Bank’s interest rate hike, the extension and length of the monetary tightening cycle may eventually weigh on the market and cause obvious pressures.

Commenting on the European Central Bank’s lowering of inflation expectations with its report yesterday, the Dutch policy maker said it looks very optimistic, noting that he expects the rate of inflation, especially core inflation, to remain very high for a long period of time.

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