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ECB's Kazaks: Market bets on rate cuts in early 2024 are wrong
Sees rate hikes going past July as inflation remains too highSoftness of the economy is unlikely to deal with inflationThere are still strong risks of persistence in inflationDon't think that in July we'll be comfortable enough to say "we're done"Until we get to the July decision in itself, don't expect ECB policymakers to relent on the hawkish rhetoric. But the recent economic figures for June does warrant some consideration, especially if the trend continues into the summer. T...
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Posted: Jun 27 2023, 05:02
Author Name: forexlive
Views: 081098
