FRANKFURT, Nov 10 (Reuters) – The European Central Bank may need to raise interest rates in December, chief economist Philip Lane told Bloomberg on Tuesday, joining an already long list of policymakers making the case for the bank’s third rate hike this year.
“If the information set we have in December is exactly the same as the information set today, then I think it would be prudent indeed to hike,” Lane told Bloomberg Television. “There will be more to come in terms of peak inflation.”
(Reporting by Balazs Koranyi; Editing by Kevin Liffey)
