ECB policymaker Primož Dolenc said persistent inflationInflationInflation refers to a sustained rise in the general price level that reduces the purchasing power of money. The term belongs in Level 7 because it helps connect macro conditions...Read More and upside risks could justify further interest-rate increases. He stressed that the timing and size of any hike will depend on incoming economic data and be decided on a meeting-by-meeting basis.

ECB policymaker Primoz Dolenc told Reuters that persistent inflation and unresolved conflicts supportSupportSupport is a price area where a decline has previously met enough buying interest or reduced selling pressure to slow, stop, or reverse downward movement. It is best treated as...Read More further tightening, but its timing and size must depend on incoming data. He also pointed to limited transmission of energy costs into underlying inflation and no second-round wage effects so far. The interview describes his assessment of the risks; it does not announce a rate increase or establish a timetable for the governing council.