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2026-11-04 06:36:25
[ECB Governing Council Member: Rate Hike Possible in December if Economic Conditions Remain Unchanged] 1. European Central Bank (ECB) Governing Council member Martin Kocher stated that if economic conditions remain unchanged, prices remain at current levels, and no other changes occur, the ECB may raise interest rates again before the end of this year. He made these remarks in an interview with Austrian public broadcaster ORF. 2. Kocher's comments echoed those of Bundesbank President Joachim Nagel earlier on Tuesday. Nagel stated that the repeated surge in energy costs increases the risk of other prices being affected, thus potentially leading to further tightening of monetary policy in December.
