ECB board of governors Nott: need to raise interest rates in June and July be open to September rate hikes

[European Central Bank Regulatory Committee Nott: need to raise interest rates in June and July Open to September interest rate hikes] May 25, the ECB governing Council Nott said that the ECB will continue to raise interest rates at least until July, once it reaches its peak. Interest rates should remain at this level for a "considerable" period. "the market pricing of interest rate cuts is too optimistic, and we see that potential inflation is more stubborn than we expected," Nott said. "the two interest rate increases in June and July have been fully reflected in prices, and our inflation outlook has depended on them. Therefore, we should keep these promises. " "since September, I have been open to raising interest rates." Nott also said that monetary policy transmission should have a lag of about 18 to 24 months, so it will be easier to see the situation after the summer.