Central Banks
ECB Officials Saw Rate Hike as ‘Close Call,’ Account Shows
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European Central Bank officials saw last month’s decision to raise interest rates by another 25 basis points as a “close call,” according to an account of their last policy meeting.
Governing Council members assessed that the risks of tightening too much and the risks of tightening too little had become “more balanced,” the account of the Sept. 13-14 gathering published Thursday showed.