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Bitcoin.com
2022-12-22 15:30:17

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than previously expected inflation in Europe ahead. ‘We Have No Choice But

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