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European Central Bank sources: Very high likelihood of interest rate hike in June
BlockBeats News, April 30 — Sources from the European Central Bank say that the likelihood of a rate hike in June is very high. Policy makers generally reached a consensus on Thursday that action is necessary. ECB policymakers discussed the required tightening measures on Thursday. Several policymakers believe that unless the war ends and Brent crude oil prices drop sharply, at least two rate hikes are needed. (Jin10)