Xinhua News Agency, June 19, European Central Bank governing Council Kazimir said that the upward risk of inflation is still quite high, related to the labor market, food prices and profit margins. Kazimir supports a rate hike in July, saying it is still possible to raise interest rates in September.

Xinhua News Agency, June 19, European Central Bank governing Council Kazimir said that the upward risk of inflation is still quite high, related to the labor market, food prices and profit margins. Kazimir supports an interest rate hike in July, saying September is still a possible option.