Steve Barrow Raise Quotations

We feel that the ECB should take inflation by the scruff of the neck and raise rates by a half percentage point,

The ECB needs to raise interest rates to stop a big slide in the euro, ... We doubt the German economy will slow down as is predicted.

The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.

I don't think the bank's message has really changed. The one view is that if consumer demand doesn't slow down, it will have to raise rates. But the other view is that consumer spending will come down.