ECB: Lane, rate hike even after March meeting

The ECB will continue to raise rates even after the March meeting when, in all likelihood, rates will rise by 50 points to 3.5%.

This was stated by the chief economist of the central bank Philip Lane in a speech at Trinity College in Dublin according to which "current information on inflationary pressures suggests that it will be appropriate to raise rates even beyond the March summit" but the amount will be decided on the basis of data.

The market already estimates that rates will rise to 4% within the year.