A trio of hawkish European Central Bank policymakers came out in force to restate the case for hiking interest rates further, once financial-market volatility subsides. In the wake of a 50 basis-point increase accompanied by no clear signal on future moves, governors from Estonia, Lithuania, and Slovakia suggested the economy still needs another phase of tightening after global turmoil fades. The remarks underscore how Thursday’s ECB decision, where President Christine Lagarde declined to provide an assessment of consumer-price risks, may only signal a truce in the tussle between officials over how far to raise ... (full story)