ECB’s Rehn views June rate hike as insurance against inflation risks
The ECB is considering an interest rate increase at its June meeting as a precautionary measure to guard against future inflation risks.
This move is characterized as an insurance hike, indicating that policymakers are unlikely to deliver a back-to-back rate hike in July.
The ECB will likely wait until September to assess the data and the US-Iran situation before making further decisions.