 A council member at the European Central Bank has made some pretty interesting comments about why he thinks they should keep interest rates at their current levels for at least the next few months. Klasnot gave a speech in Amsterdam. He described the current rates as being at a good cruising altitude. Now, Reuters reports he argued for the bank to be patient now and not hike interest rates further to try and avoid damaging the economy. Like most central banks, the ECB has been hiking rates to tackle that very sticky inflation that so many countries are seeing, so it'll be interesting to see if other council members agree and think maybe it's best to wait and see now if the painful medicine has worked before they decide whether or not to dose the patient some more.