ECB’s Knot: Planning to hike by 50 bps multiple times ECB CentralBanks EURUSD InterestRate
“The European Central Bank is planning to hike by 50 bps multiple times,” the central bank policymaker Klaas Knot said on Thursday.Sees no signs of underlying inflation pressures abating.The Eurozone could avoid a recession but growth will be slow.has picked up fresh bids above 1.0800 on the above comments, adding 0.23% on the day to trade at 1.0815.
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