BUSINESSJul 23 · 13:25 UTCCNBC TOP

Traders see September rate hike as European Central Bank mulls energy price spike

Traders anticipate a September interest rate hike by the European Central Bank (ECB) amid rising energy prices. ECB president Christine Lagarde stated inflation is expected to stay 'well above target' until the first half of 2027.

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European Central BankorganizationChristine LagardepersonInflationtopicenergy price spiketopic

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