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European Central Bank: Dovish hike path as energy drives inflation – ING

ING’s Carsten Brzeski expects the European Central Bank (ECB) to raise rates by 25bp next week, characterizing it as an ‘insurance’ or dovish hike. He notes Eurozone resilience, but stresses that inflation is mainly driven by energy, limiting the case for further tightening.

European Central Bank: Dovish hike path as energy drives inflation – ING

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