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ECB expected to hike 25bp but dovish tone may weaken euro
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ECB Set for Dovish 25bp Hike as Energy Drives Inflation
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ING economist Carsten Brzeski expects the European Central Bank to raise interest rates by 25 basis points next week, describing the move as an 'insurance' or dovish hike. He notes the Eurozone's resilience but stresses that inflation is mainly driven by energy, which limits the case for further tightening.
ECB expected to hike 25bp but dovish tone may weaken euro