The Strategist

ECB: We will keep raising key rate

12/26/2022 - 09:15

The ECB will keep raising the key rate in 2023, according to spokesman Knot.

According to Klaas Knot, the head of the Dutch central bank, the ECB will tighten monetary policy between now and July 2023 at "a pretty decent pace."

The key rate will be growing by 0.5 percentage points until it reaches its summer high, reports The Financial Times on Monday.

In an interview, Knot stated, "The biggest risk for us is still to do too little. - The second half of the adventure has just begun for us."