> ECB's Wunsch says wouldn't be surprised if rates hit 4% at some point

ECB's Wunsch says wouldn't be surprised if rates hit 4% at some point

Remarks by ECB policymaker, Pierre Wunsch, in an interview with the FT

Monday, 24/04/2023 | 04:10 GMT-0

It’s not like I love hiking rates, I'm not a fetishist
But inflation numbers are not going in the right direction yet
Waiting on wage growth and core inflation to cool before reaching the point of pausing
Full interview (may be gated)

This is just consistent with the view that there is going to be more rate hikes to follow by the ECB. The headline remark basically reads that they are not ruling out a 50 bps rate hike in May, at least for the time being.