ECB policymakers say Sept rate decision still up in the air

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ECB policymakers say Sept rate decision still up in the air
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Three influential European Central Bank policymakers on Wednesday warned investors who are overwhelmingly betting against an ECB interest rate hike next week that the decision was still up in the air.

easing, although still high, the ECB is widely expected to bring a streak of nine consecutive rate increases to an end at its meeting on Sept. 14.

Dutch central bank governor Klaas Knot was quoted as saying investors may be underestimating the chances of a rate hike next Thursday, and that the decision would be "a close call". "I would clearly be uncomfortable with any development that would shift that deadline even further out. And I wouldn't mind so much if it shifted forward a little bit."

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