{"id":410990,"date":"2026-05-04T08:27:07","date_gmt":"2026-05-04T08:27:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/410990\/"},"modified":"2026-05-04T08:27:07","modified_gmt":"2026-05-04T08:27:07","slug":"ecbs-muller-inflation-to-accelerate-in-the-coming-months","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/410990\/","title":{"rendered":"ECB&#8217;s Muller: Inflation to accelerate in the coming months"},"content":{"rendered":"<p>Inflation to accelerate in the coming months<\/p>\n<p data-path-to-node=\"0\" data-v-6bf95c48=\"\">EBC&#8217;s Governing Council member Madis Muller expects inflation to accelerate in the coming months due to the US-Iran war. On Friday, Muller said in a blog post that a rate hike is now increasingly likely unless the conflict in the Middle East ends before the next meeting and energy prices fall markedly.<\/p>\n<p data-path-to-node=\"0\" data-v-6bf95c48=\"\">He noted that the ECB could afford holding interest rates unchanged last week &#8220;partly because long-term interest rates have already risen in financial markets and contributed to some tightening of financing conditions, which is necessary to counter price pressures&#8221;. But he warned that &#8220;this so-called advance effect loses its power if central bank&#8217;s interest rates remain unchanged for a longer period of time&#8221;.<\/p>\n<p data-path-to-node=\"0\" data-v-6bf95c48=\"\">The usual <a href=\"https:\/\/investinglive.com\/forex\/euro-rises-as-report-says-the-ecb-very-likely-to-hike-in-june-20260430\/\" target=\"_blank\" class=\"article-link\" data-v-6bf95c48=\"\" rel=\"nofollow noopener\">ECB sources<\/a>, that generally signal policy changes after the official ECB decision, said on Thursday that a June hike was &#8220;very likely&#8221; and that policymakers were in broad agreement. Moreover, several Governors thought that at least two hikes will be needed unless the war ended and Brent quickly dropped. <\/p>\n<p data-path-to-node=\"0\" data-v-6bf95c48=\"\">The market is pricing in a 77% probability of a rate hike in June with a total of 70 bps of tightening by year-end. <\/p>\n","protected":false},"excerpt":{"rendered":"Inflation to accelerate in the coming months EBC&#8217;s Governing Council member Madis Muller expects inflation to accelerate in&hellip;\n","protected":false},"author":2,"featured_media":410991,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-410990","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/410990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=410990"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/410990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/410991"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=410990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=410990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=410990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}