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via seekingalpha.comEconomy

ECB's September Minutes Reveal Full Support For 25bp Rate Hike

FROM THE WIRE · SEEKINGALPHA.COM

The just-released minutes of the ECB’s September meeting confirm that the decision to raise interest rates by 25bp was driven by a deteriorating inflation outlook. Read more here.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishECB minutes confirm rate hike decision driven by deteriorating inflation outlook, supporting tighter monetary policy.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ECB September minutes confirm 25bp rate hike decision with full board support.
  2. 02Rate increase was driven by deteriorating inflation outlook.
  3. 03Minutes show unanimous backing for monetary tightening measure.

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