ECB’s Herodotou: There will be another hike in rates, but we are very near neutral rate

Constantinos Herodotou, Governor of the Central Bank of Cyprus and member of the European Central Bank (ECB) Governing Council, touched upon the topics of inflation and interest rates in his speech on Tuesday.

Key quotes

“There will be another hike in rates, but we are very near neutral rate.”

“Don't see a "hard landing" in euro zone economy.”

“No material de-anchoring of inflation expectations. “