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MarketWatch
MarketWatch
US · 1 hrs ago
75◉ Centre
Markets are pricing in a rate hike by the European Central Bank — which one top economist sees as a ‘mistake in the making’
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Quality 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Financial markets are anticipating an interest rate increase by the European Central Bank, which would be its first in nearly three years; however, a prominent economist has criticized this move as potentially misguided.

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Markets are pricing in a rate hike by the European Central Bank — which one top economist sees as a ‘mistake in the making’
The decision to raise interest rates would mark the central bank’s first in almost three years.
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