ECB: reassess situation in March

Europe’s monetary watchdogs are growing increasingly concerned in view of the still unexpectedly high inflation rates. A number of economists no longer rule out an interest rate hike in the current year. For the time being, however, the Governing Council of the European Central Bank (ECB) has left everything as it is: the key interest rate will remain at the record low of zero percent, and the multi-billion bond purchases will continue.

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