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ECB Set to Hike Thursday; Nordea Sees Two More After
Yle News ENLO·FI·3 days ago
The ECB raised its deposit rate by 25bp to 2.5%, a move fully priced by markets. The hike continues the current tightening cycle; the key question is the forward path, with no guidance provided in this brief item. This reinforces the euro-area tightening bias, pressuring eurozone bonds and supporting the euro.
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