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BlogsECB's Nagel says further hikes are needed in coming meetings if inflation develops as projected, ECBs job is not done yet the bank must be bold and decisive

ECB officials claim vindication on rate hike amid price risks, according to Bloomberg, adds officials are increasingly confident the EZ banking system has withstood financial turmoil, allowing them to resume rate hikes in due courseFED RAISES BENCHMARK RATE 25 BPS TO 4.75%-5% TARGET RANGE

Darren Krett

Wednesday 22 March 2023

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ECB's Nagel says further hikes are needed in coming meetings if inflation develops as projected, ECBs job is not done yet the bank must be bold and decisive

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