The ECB hiked interest rates by 50bps to bring the refining operations rate to 3.00%, as expected. This is the highest level since 2008! In addition, the statement pre-committed to an additional 50bps rate hike at the March meeting. After that, decisions will be made on a meeting-to-meeting basis. However, during the press conference, Christine […]
The post ECB Hikes 50bps, As Expected. Another 50bps Hike to Come in March appeared first on Action Forex.
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