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Second rate hike seen as likely, Annmarie Hordern reports

Second rate hike seen as likely, Annmarie Hordern reports
ECB official expects another rate hike

Annmarie Hordern reports that European Central Bank Governing Council member Gediminas Simkus told Econostream Media a second interest rate hike is more likely than not.

This comment adds to speculation about the potential direction of monetary policy within the eurozone.

Annmarie Hordern recently reported that economists underestimated China's weak industry, retail sales, and investment data. Earlier, she noted that the president acquired up to $5 million stakes in major firms including Nvidia, Oracle, Microsoft, Boeing, and Costco. These events come as investors weigh signals from central bankers on monetary policy moves.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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