ECB accounts: Preference initial expressed for 50bps hike

<p>ECB’s account of its June meeting revealed a wide consensus in favor of a 25 bps rate hike. Interestingly, the minutes also noted an initial preference for an even steeper hike of 50 basis points. “A preference was also initially expressed for raising the key ECB interest rates by 50 basis points in view of […]</p>
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