ECB's Wunsch: case for another rate hike less clear than in June

ECB Governing Council member Pierre Wunsch said at the ECB Forum in Sintra, Portugal, that the case for a further interest-rate hike is no longer as clear as it appeared after June's meeting. "We might need another hike — but not as much as we thought in June," he told Bloomberg's Francine Lacqua. Markets are still pricing in one more rate increase.