ECB's Kocher sees rate move if inflation outlook does not improve

May 11, 2026 1:29 AM EDT

European Central Bank policymaker Martin Kocher attends a press conference in Vienna, Austria, March 10, 2026. REUTERS/Leonhard Foeger

ZURICH, May ‌11 (Reuters) - ​The ​European Central Bank will need ‌to adjust interest rates ⁠soon if the inflationary ‌outlook does not ‌significantly improve, ECB governing council member ​Martin Kocher was quoted as saying ⁠on Monday.

Speaking to Switzerland's Neue ​Zuercher Zeitung newspaper, Kocher said it did not ​make sense ‌to anticipate the ECB's next ⁠rate move weeks before its next monetary ⁠policy decision.

"However, if the situation ​does not improve significantly, there will be no ‌avoiding an interest rate move in ‌the near future," ⁠Kocher ‌told the ​newspaper.

(Reporting by Dave GrahamEditing by Ludwig ‌Burger)



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