Here is what you need to know on Friday, July 22: Although the euro gathered strength following the European Central Bank’s (ECB) decision to hike its key rates by 50 basis points, it lost...
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ECB’s Villeroy: Frontloading rate hikes does not mean terminal rate will be higher
This was also reiterated by Lagarde and is one of the key takeaways from the ECB yesterday. As much as the central bank is pushing for earlier rate increases, the lack of aggressiveness in...
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