peak interest rate

According to reports, European Central Bank (ECB) Regulatory Commission Holtzman said that inflation is more stubborn than expected, and most people believe that more interest rate hikes are needed. I expect several more rate hikes, and I am concerned that the ECB’s peak interest rate will be higher than 4%. (Oriental Wealth) European Central Bank Regulatory Commission Holzmann: Most people believe that more interest rate hikes are needed Analysis based on this information:The European Central Bank (ECB) is expressing concerns over stubborn inflation in the Eurozone. Reports indicate that ECB Regulatory Commission Holtzman has highlighted the issue and indicated the need for further interest rate hikes. Despite the initial optimism regarding inflation, it appears to be more challenging to tackle than expected. This message is a reflection of the mounting pressure on the ECB to utilize monetary policies to contain inflation in the Eurozone. Up till now, the ECB has relied on a combination of low-interest rates and quantitative easing…