The ECB is considering raising its rates in the face of the risk of persistent inflation.

Officials from the European Central Bank (ECB) have indicated that a tightening of monetary policy may become necessary in the coming months, as inflationary pressures in the eurozone show signs of persistence.

While the institution has kept its rates unchanged recently, internal debate is intensifying around a possible hike as early as June. Several officials believe that rising prices, particularly those related to energy, could last longer than expected and not be limited to a temporary shock.

Joachim Nagel, president of the Bundesbank, stressed that the economic outlook had deteriorated compared to initial scenarios, calling for a response from the Governing Council if the situation does not improve quickly.

Financial markets are now anticipating several interest rate hikes this year, with some analysts suggesting as many as three. This trend reflects growing concerns about persistently anchored inflation, which would complicate the ECB's efforts to stabilize prices.

The European institution had already presented various scenarios in March, ranging from a moderate outlook to a more pessimistic trajectory, all incorporating the possibility of monetary tightening. The final decision will now depend on the evolution of economic indicators in the coming weeks.