The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy meeting in December, ECB governing council member Klaas Knot said on Sunday.
The central bank for the 19 countries that share the euro raised the interest rate it pays on bank deposits"We will take a significant interest step again in December," Knot said in an interview with Dutch TV programme Buitenhof, adding that is was likely that the next raise would be between 50 and 75 basis points.
"We are still returning interest rates towards their neutral level, for which we will also need the December meeting."
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