ECB sources report: Officials edging towards 2022 rate hike to stem inflation

  • Newswire report, citing ECB sources

A newswire report says 'more' ECB officials are conceding that rates will likely need to rise 'later this year' due to the rising outlook for inflation.

The report also says a 'consensus is emerging' to set Sept as the end date for asset purchases. It cites people familiar and says December is the most likely month for liftoff.

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