Central Banks
ECB Plan for Next Big Hike Makes Lagarde Last Hawk Standing
- Half-point rate pledge for March cements euro-zone aggression
- Fed, BOE and others are dialing down rate-hike stance
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Late to the global interest-rate hiking party, the European Central Bank is trying to convince everyone that it will also be one of the last to leave.
With counterparts from the US to the UK sending out signals of waning aggression after drastic monetary tightening, euro-zone officials insist their own onslaught against inflation isn’t about to let up.