Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Tue, 07 Apr 2026 08:49:38 +0500 Tue, 07 Apr 2026 08:49:38 +0500 60 ECB will have to raise rates again on May 4, Lane tells Le Monde https://english.aaj.tv/news/30319076/ecb-will-have-to-raise-rates-again-on-may-4-lane-tells-le-monde <p><strong>PARIS: The European Central Bank will need to raise interest rates again at its forthcoming meeting next week but the size of the move is still open to debate, its chief economist told French paper Le Monde in an interview published on Tuesday.</strong></p> <p>“For our next Governing Council meeting on 4 May, the current data are indicating that we should raise rates again… Beyond that, I don’t have a crystal ball; it will depend on the economic data”, Philip Lane said in the interview.</p> <p>Lane added that wage growth, now above 5% and feeding inflation according to some, will slow later this year.</p> PARIS: The European Central Bank will need to raise interest rates again at its forthcoming meeting next week but the size of the move is still open to debate, its chief economist told French paper Le Monde in an interview published on Tuesday.

“For our next Governing Council meeting on 4 May, the current data are indicating that we should raise rates again… Beyond that, I don’t have a crystal ball; it will depend on the economic data”, Philip Lane said in the interview.

Lane added that wage growth, now above 5% and feeding inflation according to some, will slow later this year.

]]> Business & Economy https://english.aaj.tv/news/30319076 Tue, 25 Apr 2023 11:44:25 +0500 none@none.com (Reuters) A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany March 16, 2023. REUTERS