European Central Bank officials are expressing
support
for ECB President Christine Lagarde's recent remarks regarding the possibility of more interest rate hikes.
ECB is expected to hike rates at least twice more.
Some ECB policymakers reportedly believe that current inflation levels warrant more aggressive action, although others argue that economic conditions remain too fragile.
Lagarde previously hinted that the ECB could raise rates as soon as next year, but this stance drew criticism from some analysts who believe that inflation levels are still not high enough
to justify such a move.
The ECB has been under increasing pressure to take a more hawkish approach to monetary policy as inflation levels across the eurozone have continued to rise in recent months.
The central bank is expected to announce its latest policy decision at a meeting scheduled for next month, and analysts will be closely watching for any indications of a shift in policy.
The ECB is also set to release its latest economic projections at the same meeting, which could shed further light on the central bank's thinking.
