[European Central Bank Officials Reportedly Ready to Raise Interest Rates in September] Jin10 News, July 23 – According to individuals familiar with the matter, European Central Bank (ECB) officials are prepared to raise interest rates in September unless there is a significant improvement in the inflation outlook for the Eurozone. Sources indicate that based on current information and data, particularly the economic impact of the Middle East conflict, an additional rate hike of one percentage point may be necessary to curb inflationary pressures. The sources emphasized that no decisions have been made yet, and the situation could change rapidly, especially if progress is made on a peace agreement or if a more severe economic downturn occurs. This stance aligns with the ECB's decision-making approach of assessing developments "meeting by meeting." On Thursday, ECB President Christine Lagarde laid the groundwork for a potential rate hike in September, stating that some members had questioned whether an increase should be considered. "Some members asked themselves whether we should consider raising rates," she said. "We are fully prepared to closely monitor developments in the coming weeks and the data we will receive in the weeks ahead.