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Tag: currency

Surprise ECB meeting yields commitment to fight widening bond spreads

Posted on June 15, 2022 By admin No Comments on Surprise ECB meeting yields commitment to fight widening bond spreads
Surprise ECB meeting yields commitment to fight widening bond spreads

Fresh moves by the European Central Bank to fight widening bond spreads may need to suffice for now, even if analysts and markets were hoping for something more substantial from a surprise meeting on Wednesday. In a statement, the ECB said it would use authority under an existing program to help tighten widening spreads among…

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