No need for ECB to hike rates: Buba's Weber

Bundesbank president and European Central Bank governing council member Axel Weber said in an interview published at the weekend that available information indicates the ECB will not need to change its interest rates in the foreseeable future.

Weber told the Frankfurter Allgemeine Zeitung, in an interview in Saturday's edition, there are indications that inflation expectations have recently risen in the euro zone and that there are upwards price risks "because the economic recovery seems to be