European Central Bank policymakers said on Friday that further interest rate increases may be needed to contain high inflation and stop price pressures spreading into wages. The ECB unanimously kept rates unchanged on Thursday after discussing an increase. LSEG data show investors pricing a two-in-three chance of a December increase and almost three increases over the coming year. Bank of Italy Governor Fabio Panetta cautioned that the ECB should account for higher bond yields, which are already raising borrowing costs.