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ECB Set to Hike Thursday; Nordea Sees Two More After
Yle News ENLO·FI·2 days ago
The ECB raised its key interest rate to 2.5%, citing persistent inflationary pressures from the Middle East conflict. The bank signals inflation will stay well above the 2% target for an extended period, suggesting a hawkish stance. This marks a tightening move amid geopolitical-driven supply concerns.
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