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Tag: Andrea Orcel ECB rate hikes

UniCredit CEO Predicts That ECB Will Have “Balanced Approach” on Interest Rates Hikes

Further interest rate hikes by the European Central Bank (ECB) are inevitable, according to Andrea Orcel, CEO of Italy-based banking giant UniCredit. However, Orcel predicts that the ECB will take a “balanced approach” when determining how big the increase will be. ECB hiked the interest...