ECB SET FOR SEPTEMBER RATE HIKE ECB policymakers are prepared to raise rates by 25 basis points to 2.50% in September, Reuters reports, as the Iran war keeps energy prices and inflation elevated. Euro-zone inflation is near 3%, while economic activity remains resilient. However, officials reportedly see little need to signal further tightening, with long-term inflation expectations still anchored near the ECB’s 2% target.(*Walter Bloomberg)