Xinhua News Agency, May 27, European Central Bank Regulatory Committee Mahlov said that it is appropriate to slow down the pace of interest rate hikes to the standard rate hike (25 basis points). The ECB is nearing the end of raising interest rates. Financial support is needed to increase the inflation rate.

Xinhua News Agency, May 27, European Central Bank Regulatory Committee Mahlov said that it is appropriate to slow down the pace of interest rate hikes to the standard rate hike (25 basis points). The ECB is nearing the end of raising interest rates. Financial support is needed to bring inflation back to 2 per cent.