BerlinA third ECB rate hike this year looks almost inevitable.
Bundesbank President Joachim Nagel said there is little alternative unless the inflation outlook improves significantly.
The ECB sees inflation above 4% in coming months, driven by energy over which it has no control.
Nagel conceded there is little evidence the energy surge is setting off second-round effects.
The ECB decides on 17 December, with its deposit rate at 2.5%.
How each outlet framed it
- Reuters
- cites Bulgarian central bank chief Radev's parallel hawkish read to show a bloc-wide case for a third hike
- Bloomberg Business
Sources: Reuters, Bloomberg Business