KYIV, March 16 – Two members of the National Bank of Ukraine’s monetary policy committee voted for a steeper hike in key policy rate to 7%, rather than to 6.5%, in response to growing consumer inflation, records show.

The NBU moved on March 3 to hike the rate to 6.5% from 6% after inflation rose to 6.1% year-on-year in January. Six members of the committee voted for this hike.