Wunsch Says ECB's Case for Other Hike Not as Strong Now

European Central Bank Governing Council member Pierre Wunsch said in an interview that a further interest-rate hike is less certain than it appeared after the June meeting. Wunsch stated that while another hike remains possible and is what markets are currently pricing in, the case for it has weakened since June. He made the comments at the ECB Forum on Central Banking in Sintra, Portugal.

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