In an interview with ARD-Plusminus, Prof. Volker Wieland assumes that inflation rates will continue to rise and that the European Central Bank (ECB) will have to tighten monetary policy. It could possibly raise interest rates at the end of the year.
"Because of the persistent inflation, it can be assumed that the ECB will also have to tighten its monetary policy similar to other central banks - perhaps a little later - and then also perhaps raise interest rates at the end of the year," Wieland said in an interview with the ARD magazine "Plusminus."
A summary of the TV contribution is available here: tagesschau.de. You can watch the video of the TV program here.