A member of the European Central Bank confirms that it must proceed with raising interest rates

According to the statements of the European Central Bank member, Villeroy, today, Friday, the following points:
The ECB should go ahead with raising rates, but only slightly.
Although we have committed and moved a lot in terms of interest path, we still have to make some small steps.
We understand that the impact of interest rates on inflation takes one to two years.
The absence of a momentary impact after the rate hike by the European Central Bank means that a strong impact has yet to come.
It should be noted that the German Commerzbank experts believe that the European Central Bank is still facing severe pressure to raise the main interest rates further, and Commerzbank economists continued that the inflation rate in the euro area decreased significantly from 8.5% to 6.9% for the month of March, as expected. In contrast, core inflation rose more.

Experts attributed the challenges faced by the European Central Bank in this regard to the rise in European core inflation, and analysts indicated that over the next few months, energy prices are likely to help reduce the rate of inflation in the euro area slightly, and it is not likely that food prices will contribute to feeding inflation. For the same period, however, these possibilities do not support a decline in core inflation in the euro area much at the present time.