A rate hike from the European Central Bank is seen as locked, but analysts don't agree on whether they'll need to raise rates further from here. Laura Cooper of Nuveen told Reuters the data doesn't justify more hikes ▻ ↧ ECB to hike rates as Iran war fuels fresh inflation fears The European Central Bank looks set to raise interest rates for the second time this year, seeking to head off an energy-driven surge in inflation triggered by the Iran war.