Economics

ECB Seen Raising Rates Above Zero This Year as Recession Avoided

  • Economists polled by Bloomberg predict three hikes in 2022
  • Outlook for GDP trimmed a little on Ukraine war, supply snarls
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The European Central Bank will raise interest rates three times this year in a bid to quell inflation, according to economists polled by Bloomberg who’re aligning their views with an increased sense of urgency among policy makers.