IMF's Rato says euro, Fed rates may have to rise

The European Central Bank and the U.S. Federal Reserve may have to raise interest rates once more to keep inflation in check, International Monetary Fund Managing Director Rodrigo Rato was quoted on Monday 8 January as saying.

"It is possible they should introduce new increases to keep inflation in line with objectives but this will have to be done after evaluating the pace of the economy," he told Spanish newspaper La Razon.

He added that some risks existed for the U.S. economy if the

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