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Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Post author:MiamiCrypto
Post published:December 22, 2022
Post category:Central Bank de guindos ECB Economy EU Euro euro area Europe european European Central Bank Eurozone Expectations Finance growth Hike hikes increase Increases inflation interest rates Interview Luis de Guindos projections rate rates Recession vice president

Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate…