Slok Says ECB May Hike Interest Rates Again in September

Torsten Slok, chief economist of Apollo Global Management, tells Bloomberg Television the European Central Bank faces uncertainty over second-round effects following months of energy-cost increases. "I do think that they will probably still think about hiking rates in September, and I still think that there is a highest likelihood that they will hike in September." Slok speaks with Bloomberg's Francine Lacqua at the ECB Forum on Central Banking in Sintra, Portugal. (Source: Bloomberg)