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: ECB set to hike interest rates. The question is how much further it’ll go. – Vested Daily

: ECB set to hike interest rates. The question is how much further it’ll go.

June 14, 2023

The European Central Bank is in no position to skip a month of rate increases, not just yet.

The ECB on Thursday is expected to increase its key rate by a quarter-point, taking rates to 3.5%, bringing the cumulative increases to 4 percentage points this cycle.

The ECB rate decision comes at 2:15 p.m. Central European time (8:15 a.m. Eastern),…

This post was originally published on Market Watch