Central Banks
ECB Officials See June Hike If Energy Costs Don’t Ease First
ECB President Christine Lagarde and ECB Vice President Luis de Guindos during a rates decision news conference in Frankfurt on April 30.
Photographer: Liesa Johannssen/BloombergEuropean Central Bank policymakers are likely to raise interest rates at their next meeting in June unless there are positive developments on energy prices and ending the Iran war, according to people familiar with the situation.
Should the fighting persist, there’s only a very small chance a hike can be avoided, said the people, asking not to be identified discussing private talks. They stressed, however, that nothing has been decided and the situation can change quickly.