FRANKFURT, Aug 27 (Reuters) – European Central Bank policymakers meeting last month saw another interest rate increase as likely needed to bring inflation back down to 2%, the ECB’s account of the meeting showed on Thursday.
“While decisions remained data-dependent, another rate hike would likely be necessary unless the inflation outlook improved significantly,” the ECB said.
(Reporting by Francesco Canepa; Editing by Andrew Heavens)
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