European Central Bank Source: High Likelihood of Rate Hike in June

BlockBeats News, April 30, according to sources from the European Central Bank, the possibility of a rate hike in June is very high. Policymakers reached a broad consensus on Thursday that action is necessary. Central bank policymakers discussed the required level of tightening on Thursday. Several policymakers believe that at least two rate hikes will be necessary unless the war ends and Brent crude oil prices drop rapidly. (FXStreet)