Rato says US rates should rise, ECB hold

The US Federal Reserve should increase interest rates gradually but the European Central Bank should keep its rate on hold for now, the International Monetary Fund chief Rodrigo Rato said in an interview.

"We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy," Rato told all news channel EuroNews in an interview broadcast on Friday.

"In Europe we think that the current policy of the ECB is appropriate... At lea

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: