Markets And it’s back to the drawing board for the ECB. Less than 24 hours after their “dovish” 75 bps rate hike, they faced runaway inflation numbers in Germany (1.2% M/M & 11.6% Y/Y), France (1.3% M/M & 7.1% Y/Y), Italy (4% M/M & 12.8% Y/Y) and Belgium (2.37% M/M & 12.27% Y/Y) for the […]
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