ECB Rate Hike in June Flagged as Eurozone Inflation Risks Worsen
An ECB policymaker warned this week that inflation risks in the eurozone are deteriorating, raising the probability of a June rate hike. The signal arrives as global monetary tightening resurges, with the Fed repricing rate-cut expectations lower and the BOJ also tightening. European financial markets face mounting pressure from both sides of the Atlantic.
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