FRANKFURT - The European Central Bank must still raise interest rates "significantly" over its coming meetings to dampen inflation, which has been far too high, Finnish central bank chief Olli Rehn said on Wednesday.

"This means significant rate hikes at this winter's remaining meetings," Rehn, who sits on the ECB's rate-setting Governing Council, told a webinar with the Peterson Institute for International Economics.

The ECB has raised rates by a combined 2.5 percentage points since July and promised "a steady pace" of hikes over the coming months.

(Reporting by Balazs Koranyi Editing by Peter Graff)