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ECB likely to raise rates 25 bps next week, 50 bps in September -Rehn

By:
Reuters
Updated: Jul 15, 2022, 10:37 UTC

HELSINKI (Reuters) - The European Central Bank will next week likely raise interest rates by 25 basis points, Finnish ECB policy maker Olli Rehn said in a panel discussion on Friday.

Finland's central bank governor Rehn in Helsinki

HELSINKI (Reuters) – The European Central Bank will next week likely raise interest rates by 25 basis points, Finnish ECB policy maker Olli Rehn said in a panel discussion on Friday.

In September, the bank is likely to raise rates again by 50 basis points, he added.

(Reporting by Essi Lehto, editing by Stine Jacobsen)

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