Calviño, on the ECB meeting: "Everything points to a final rate hike or that it will not happen"

MADRID, 14 Sep.

Calviño, on the ECB meeting: "Everything points to a final rate hike or that it will not happen"

MADRID, 14 Sep. (EUROPA PRESS) -

The first vice president of the Government and acting Minister of Economic Affairs, Nadia Calviño, stated this Thursday that "everything indicates" that the Governing Council of the European Central Bank (ECB) will adopt at its meeting today or a final increase in the interest rates or none.

Calviño, in statements to TVE reported by Europa Press, trusts that the ECB is right in its decision, because although there are some countries that still have very high inflation, Spain currently has the "lowest inflation in Europe," he explained. .

"In the case of the Spanish economy, one would say that it is no longer necessary to take more measures to combat inflation, although we have the challenge of food prices. But it is also true that there are other European countries that have inflation still very high. And that is the difficulty for the ECB to get it right: that it has to make a decision that is good both for Spain, which has the lowest inflation, and for other countries that may still be experiencing much higher inflation," Calviño indicated.

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