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Global Market | ECB May Need More Rate Hikes as Iran War Raises Inflation Risks: Kazaks
Kazaks said the ECB can keep tightening step by step as euro zone inflation stays elevated and fuel costs threaten to spread to wages and prices.
Summary by Times of India
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ECB’s Kazaks sees growing case for more tightening
FRANKFURT: The European Central Bank (ECB) may need to gradually raise interest rates further to curb inflation before an Iran war-driven rise in fuel costs starts seeping through to wages and other prices, ECB policymaker Martins Kazaks says.
·Petaling Jaya, Malaysia
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The Economic TimesReposted by 
Times of India
Times of IndiaGlobal Market | ECB may need more rate hikes as Iran war raises inflation risks: Kazaks
The European Central Bank may need to raise interest rates further to contain inflation as higher fuel costs linked to the Iran conflict risk feeding into wages and consumer prices. Policymaker Martins Kazaks said gradual tightening remains possible.
·Mumbai, India
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Leaning Left0Leaning Right2Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 40%
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