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According to economists, the central bank will increase the interest rate by 50 basis points at its meetings in March and May, with a final raise of 25 basis points in June.
Prior to this, additional 50 basis points were expected in March, and final 25 basis points – in May.
The stronger resilience of the economy and labor market, as well as signals from the central bank of a leaning toward tight policy, were the reasons behind the rise in the forecast, according to Deutsche.
source: dw.de
Prior to this, additional 50 basis points were expected in March, and final 25 basis points – in May.
The stronger resilience of the economy and labor market, as well as signals from the central bank of a leaning toward tight policy, were the reasons behind the rise in the forecast, according to Deutsche.
source: dw.de