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ECB may need to hike in Dec, chief economist says

Reuters

FRANKFURT, Nov ‌10 (Reuters) - The European Central Bank ​may ‌need to raise interest ‌rates in December, chief economist ‌Philip Lane told Bloomberg on Tuesday, joining an already long ⁠list of policymakers ‌making the case ⁠for the bank's ​third rate hike this year.

"If the ​information set we ​have ‌in December is exactly ​the same ⁠as the ‌information set today, ​then ​I think it would be prudent indeed to hike," Lane ‌told Bloomberg Television. "There will be more ‌to ​come in terms of peak inflation."

(Reporting by Balazs Koranyi; Editing ‌by Kevin Liffey)