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Jump in eurozone inflation makes an ECB rate hike in 2022 increasingly likely

Started by forex4you, Feb 03, 2022, 06:39 am

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forex4you

Feb 03, 2022, 06:39 am
Jump in eurozone inflation makes an ECB rate hike in 2022 increasingly likely

ECB statement today:

    Due at 1245 GMT
    ECB President Lagarde press conference follows at 1300 GMT


No change to policy is exp[ected today:

    the deposit rate will remain at minus 0.5% (a record-low)
    the euro pandemic emergency bond-buying scheme is set to be phased out by the end of M

Source: Jump in eurozone inflation makes an ECB rate hike in 2022 increasingly likely

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