ECB likely to stick to big rate hike despite banking turmoil, source says
FRANKFURT -European Central Bank policymakers are still leaning toward a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector, as they expect inflation will remain too high in coming years, a source told Reuters. Investors had begun to doubt the ECB’s commitment to another big rate hike this week after the collapse of … Continue reading ECB likely to stick to big rate hike despite banking turmoil, source says
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