: ECB rate pressures grow ahead of eurozone inflation data

by | Mar 1, 2023 | Stock Market

Markets now think the European Central Bank will have to raise interest rates to a record high 4% if it is to make headway in crushing inflation that has been running at more than four times its 2% target. It’s a treacherous trajectory along which other important central banks like the Federal Reserve are also travelling, as they strive to combat the most intense price pressures in decades by slowing but not crashing their economies. The…

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