ECB's Weber says pressure on prices remains

European Central Bank governing council member Axel Weber told Handelsblatt newspaper in an interview published Friday 20 April that the ECB can't yet identify an end-point to its current cycle of interest rate increases.

"I believe that in the current economic climate, we cannot give the all-clear sign in terms of monetary policy," Weber said in the interview.

"I don't think that in the current economic environment we can give the all-clear on monetary policy," the Bundesbank president was qu