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European Central Bank member says more rate hikes still possible if new shocks emerge

From cnbc.com

Austrian central bank Governor Robert Holzmann said the European Central Bank could implement one or two further interest rate increases, if there are “additional shocks” to the economy. The hiking cycle could end, “if everything goes well,” but “if additional shocks come, and if the information we have proves to be incorrect, we may have to hike another time or perhaps two times,” Holzmann told CNBC on Tuesday, speaking from the International Monetary Fund’s World Bank Forum in Marrakech. “We are still in a period in which we don’t know how long it will take to come to the inflation that we want to have, and whether ... (full story)

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  • Category: Fundamental Analysis