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ECB Rate Hike Fears Ease as Falling Oil Prices May Tame Inflation

Concerns over European Central Bank rate hikes are diminishing as traders anticipate that falling oil prices, which have retreated to pre-US attack on Iran levels, will help to curb inflation.

25 Jun, 04:30 — 25 Jun, 04:30
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irish-independent4d ago

ECB rate-hike fears ease as traders bet falling oil prices will tame inflation

Price of oil has retreated to where it was before US attack on Iran

By John Mulligan

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