Refile: Italy foreign minister criticises ECB rate hike
11/06/2026 16:03
REFILE-Italy foreign minister criticises ECB rate hike Changes location of minister's remarks, no other change
ROME, June 11 (Reuters) - Italian Foreign Minister Antonio Tajani on Thursday criticised the European Central Bank for its decision to hike interest rates.
"Raising rates doesn't help anyone," Tajani said on the sidelines of a tourism industry event in Rome. "When inflation is caused by exogenous factors it is best to leave rates unchanged."
The ECB on Thursday raised its key deposit rate to 2.25% from 2%, its first hike since 2023.
(Reporting by Giselda Vagnoni, writing by Gavin Jones, editing by Alvise Armellini)
((gavin.jones@thomsonreuters.com; +39 06 8522 4232;))