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"It is like antibiotics, it doesn't help if you take them in September if you are ill now," says one ECB council member. "Interest rates are our medicine and the timing and size of the dosage are of utmost importance." [_link] @Sam1Fleming— Martin Arnold (@MAmdorsky) July 19, 2022
"It is like antibiotics, it doesn't help if you take them in September if you are ill now," says one ECB council member. "Interest rates are our medicine and the timing and size of the dosage are of utmost importance." [_link] @Sam1Fleming
⚡️The #ECB raised rates by 50 basis points for the first time in more than 11 years, beating its own forecasts in an effort to bring #inflation down from record highs. The #euro rose on the news, reaching $1.0260 ↗️ #Eurozone #CPI #InterestRate #EUR #EURUSD pic.twitter.com/28Z5zx0fsM— Compoyo (@CompoyoOfficial) July 21, 2022
⚡️The #ECB raised rates by 50 basis points for the first time in more than 11 years, beating its own forecasts in an effort to bring #inflation down from record highs. The #euro rose on the news, reaching $1.0260 ↗️ #Eurozone #CPI #InterestRate #EUR #EURUSD pic.twitter.com/28Z5zx0fsM
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