ECB Hike May Be Inevitable to Keep Credibility, Stournaras Says The European Central Bank's (ECB) potential interest rate hike has been a topic of discussion among economists and policymakers for months.
The move would be aimed at maintaining the ECB's credibility in managing inflation within its target range.
According to Despina Stournaras, an Executive Board member at the ECB, a hike may indeed be necessary to uphold the bank's credibility.