ECB’s Vasle Says Half-Point Hike Possible If Data Warrant It
- Choice for May meeting is between quarter- and half-point hike
- Slovenian policymaker comments in interview in Washington
Bostjan Vasle
Photographer: Andreas Arnold/BloombergThis article is for subscribers only.
Receding concerns over the health of the financial system mean a half-point increase in interest rates is possible when the European Central Bank meets next month, according to Governing Council member Bostjan Vasle.
The turmoil ignited by the failure of Silicon Valley Bank “seems contained” — meaning the euro-zone economy is now roughly in the same position as it was before the problems arose, the Slovenian central-bank chief said this week in an interview in Washington.