WSJ News Exclusive | ECB Could Raise Rates Above 3.5%, Hold Them There, Official Says

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The European Central Bank could increase interest rates above 3.5% and leave them there this year, a top official said

and employment grew robustly at the end of last year, while underlying inflation is at a record high. Investors expect the ECB to lift rates to a peak of 3.5% by July, before starting to cut them again later this year or early next year.

 

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Wow a whole 3.5% 🙄

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