Economists See Rising Chance of ECB Hiking Rates in September

Economists see a greater chance that the European Central Bank will deliver two more interest-rate increases — extending what’s already an historic tightening cycle into September.

Goldman Sachs, UniCredit and BNP Paribas are among banks that have changed their outlook after policymakers delivered a quarter-point hike on Thursday and President Christine Lagarde said there’s more ground to cover to bring inflation back to 2%.