Former ECB VP says 'no need for more hikes'
Vitor Constâncio says no need to hike again
Source: forexlive.com
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Vitor Constâncio says no need to hike again
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The ECB announced another rate hike on Thursday, but economists warn that increasing capital costs will hurt the EU's shift to renewable energy and energy efficiency.
The European Central Bank has raised interest rates by a historic 0.75 percent in an effort to bring down inflation.
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