ECB: European Central Bank Governing Council member Erkki Liikanen, in a
newspaper interview published Sunday, suggested that current interest
rates were historically low and would rise. Asked by Finnish daily
Ilta-Sanomat whether Eurozone interest rates would be hiked, Liikanen
declined to answer directly. “But one doesn’t need to have a long memory
to see where the rates were, for instance, two years ago,” he said.