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Market Update | Read | 3 min

ECB rate hikes unlikely to curb inflation as Eurozone yields jump

Soaring Eurozone inflation is forcing the ECB's hand whilst economic conditions would still warrant a more accommodative stance. The expected 75 bps rate increases by the end of the year are meant to remove monetary policy from the mix of factors fueling inflation which, however, is likely to make further inroads into the economy as supply-side pressures persist.

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