Volker Wieland advocates further interest rate hikes by the ECB (Börsen-Zeitung)
As the relevant central bank rate, the deposit rate of 3.75% is still well below the current inflation rate of 5.3% or the core rate of 5.5%, he said. "In that sense, the real interest rate is still clearly negative," Wieland said. "I think the ECB would be better off moving the central bank rate closer to 5%, a level that the U.S. Fed has already exceeded."
Börsen-Zeitung: "Top-Ökonomen uneins über Kurs von Fed und EZB"