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ECB to swerve rate hikes for years after revising forward guidance

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By Burhan Khadbai, Frank Jackman, Lewis McLellan
22 Jul 2021

The European Central Bank made a bold change to its monetary policy on Thursday, effectively pushing any prospect of interest rate hikes into the distant future, making them unlikely before the middle of the decade. Frank Jackman, Lewis McLellan and Burhan Khadbai report.

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By Burhan Khadbai, Frank Jackman, Lewis McLellan
22 Jul 2021