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S7/10Economic

Slok Says ECB May Hike Interest Rates Again in September

Torsten Slok, chief economist of Apollo Global Management, tells Bloomberg Television the European Central Bank faces uncertainty over second-round effects following months of energy-cost increases.

"I do think that they will probably still think about hiking rates in September, and I still think that there is a highest likelihood that they will hike in September.

" Slok speaks with Bloomberg's Francine Lacqua at the ECB Forum on Central Banking in Sintra, Portugal. (Source: Bloomberg)

Source: Bloomberg MarketsOriginal source

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