The European Central Bank may need to raise interest rates further as inflation risks remain tilted to the upside, though the timing and scale of any additional moves remain uncertain, ECB policymaker Primoz Dolenc said, according to a Reuters report.
Dolenc, who is also governor of Slovenia's central bank, said persistent inflation and geopolitical conflicts continued to support a move towards a more restrictive monetary policy stance. He added that future decisions would depend on incoming economic data and would be taken on a meeting-by-meeting basis.
