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ECB Governing Council Member: Rate Hike Option Kept for July, High Energy Prices Drive Necessity for Rate Hike

BlockBeats News, June 12, European Central Bank board member Negearl said that all policy options in July are still on the table, and the ECB stands ready to take action again if needed as the economic situation evolves. He noted that with high energy prices exacerbating the indirect impact on other goods and services prices, a rate hike is necessary in the current environment. (FXStreet)

Source: BlockBeats

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