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Forexlive Americas FX news wrap: ECB hikes 25 bps; bank rout continues

ECB raises key rates by 25 bps in May monetary policy meeting, as expectedFull text: ECB statement on May 4, 2023Lagarde opening statement: The inflation outlook continues to be too high and too longLagarde Q&A: We are not pausing, that's very clearSome ECB governing council members see 2-3 hikes ahead - reportUS initial jobless claims 242K versus 240K estimateCanada March trade balance +0.97B vs +0.2B expectedBOC's Macklem: If we see signs inflation stuck materially above 2%, we could hike agai... Read More

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Posted: May 4 2023, 20:14

Author Name: forexlive

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