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ICYMI - ECB's Lane says Bank will hike rate in May, +25 or +50bp is data dependent

European Central Bank Chief Economist Philip Lane was speaking at a Bloomberg(gated) New Economy Gateway Europe conference outside Dublin, in an interview:“As of now, two weeks away, I think the baseline is that we should indeed increase interest rates in May,” “Exactly what we do — I’m going to wait until we have that data before deciding.”“We are now in an intense phase of data dependence. I’m very much in wait-and-see mode.”The next European Central Bank monetary-policy meeting is on May 3-4... Read More

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Posted: Apr 18 2023, 23:46

Author Name: forexlive

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