At European central bank estimated market expectations concerning a key rate

The representative European central bank Klaas Khenderikus Villem Knot "does not feel discomfort" in connection with the current expectations of the market according to which the key rate will reach peak around 3,85% against present level of 3%. It chapter of Central bank Netherlands declared in Irish Times interview. It is expected that at the following meeting planned for May 4, European central bank the seventh time in a row will raise a key rate to subdue steadily high inflation in eurozone. Thus heads banks meet that rate increase on 25 basic points though more large-scale increase also is necessary...