ECB's Radev says October and December meetings are both live, Econostream reports

Waiting until second-round effects are fully visible could mean acting too late. 2.5% not a "precise dividing line" but "probably around neutral" Sept. projections to show higher short term inflation and subdued growth Must take tighter financial conditions into account when making decision. Not enough broad-based evidence to say growth risks are "clearly to the upside"