The European Central Bank's interest rate hike in June remains uncertain! Internal divisions persist as the sharp rise in inflation is seen as a temporary phenomenon.

According to the Wise Finance APP, Peter Kazimir, a member of the European Central Bank's Governing Council and the Governor of the Central Bank of Slovakia, stated that the European Central Bank is highly likely to raise interest rates at its policy meeting in June. Kazimir said on Monday that although central bank officials did not commit to a fixed path in advance and needed more data to assess the impact of the Middle East conflict, "our position remains firm." In a column, he wrote, "Based on this, tightening monetary policy in June is almost inevitable. We must prepare for the continued rise in inflation across the euro area and significant growth slowing down, making it more and more likely that there will be an increase in June."