ECB
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Resolute 75bps rate hike gives ECB some breathing room
Move was widely anticipated but industry commentators are split on how big it goes next time
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‘Shock and awe’ move sees ECB hike rates by unprecedented 75bps
As hawkish central bankers prioritise tackling inflation over protecting growth
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ECB rate rise sidestep fails to dampen UK market expectations
Even as the energy price shock to the global economy raises spectre of a slowdown or recession
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ECB ‘falling behind the curve’ as it leaves rates and QE untouched
BoE and Federal Reserve have both begun process of tightening as inflation runs rampant
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