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

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)