![European Central Bank set for 50 basis point rate hike on hopes that inflation has peaked European Central Bank set for 50 basis point rate hike on hopes that inflation has peaked](https://news.richfxm.com/wp-content/themes/covertsocialpress/images/default.jpg)
The European Central Bank will continue to hike benchmark rates, albeit at a slower pace, with inflation expected to be close to a peak.
The European Central Bank will continue to hike benchmark rates, albeit at a slower pace, with inflation expected to be close to a peak.
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