Markets are eagerly awaiting the European Central Bank's policy meeting on Thursday, March 15, with officials expected to hike interest rates by at least 25 basis points (bps), while a greater half-point rise remains possible.
The likelihood of a 50bps hike has substantially decreased in recent days due to persistent concerns to financial stability following the collapse ofSilicon Valley Bankand the turbulence in the European banking sector followingCredit Suisse Group AG's (NYSE:CS) plunge.
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25 Or 50 Basis Points?Former ECB Vice PresidentVitor Constancio stated on...
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