ECB hikes rates by a further 50 basis points, despite emerging banking crisis
The decision comes after Eurozone inflation increased in February.
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The decision comes after Eurozone inflation increased in February.
The collapse of Silicon Valley Bank puts rate hikes on hold for now…
But as far as interest rates go, the “higher for longer” forecast seems to be paying off.
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Daily Briefing: In the latest sign that central banks are ramping up the fight against inflation, the ECB delivered its second straight 75-basis-point interest rate hike.
Central bankers were caught napping by inflation. There is no more time to waste: every weapon in the fiscal armoury must be deployed against this menace.
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