Belgian National Bank official Pierre Wunsch has indicated support for a quarter‑point rise in European Central Bank interest rates at the upcoming meeting. Wunsch, speaking in an interview published by the Financial Times on June 3 2026, said inflation remains well above the ECB’s target, making a rate increase likely. He added that a potential peace deal in Iran would not undermine the case for higher rates, suggesting geopolitical developments outside the euro area are unlikely to change the ECB’s stance. The NBB’s stance reflects its assessment that continued price stability pressures justify tightening monetary policy. The ECB meeting is scheduled for next week, where policy rates will be reviewed.
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