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Lagarde Signals More ECB Rate Hikes As Eurozone Inflation To Stay High

Por: RTTNews Business December 16, 2022

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European Central Bank President Christine Lagarde said there will be more interest rate hikes in future, at a steady pace, as the euro area is expected to undergo a shallow recession and inflation in the single currency bloc is set to remain uncomfortably high for a long time.We decided to raise interest rates today, and expect to raise them significantly further, because inflation remains far too high and is projected to stay above our target... + full article



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