European Central Bank could unleash a jumbo rate hike as the economy slides toward recession

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With inflation in the euro zone projected to rise to at least 10% in the coming months, a "jumbo" rate hike of 75 basis points on is certainly a possibility. FRANKFURT, Germany — The European Central Bank is expected to frontload a series of rate hikes and sacrifice growth in the region due to the rising cost of living which is threatening to surge even higher.  ECB Executive Board Member Isa...

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