News

๐Ÿšจ ๐Ÿ‡ช๐Ÿ‡บ ECB's Panetta says further rate hikes may be needed as the price outlook worsens

October 30, 2026 · 1 min read · Pardip Bansal

๐Ÿšจ ๐Ÿ‡ช๐Ÿ‡บ ECB's Panetta says further rate hikes may be needed as the price outlook worsens

  • ๐Ÿ‡ช๐Ÿ‡บ ECB Governing Council member Fabio Panetta said the outlook for prices is worsening and further increases in policy rates could prove necessary (newswires, )
  • ๐Ÿ‡ช๐Ÿ‡บ He sees inflation staying above 2% for several quarters, with the rise in core inflation possibly becoming more pronounced early next year

FO view: 11th alert today.

Not investment advice.

FILED UNDER News Dollar