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ECB to raise eurozone rates, but should it really?

Christine Lagarde, President of the ECB, and Isabelle Schnabel, board member of the ECB. Photo: ECB.
Most economists, fixed income analysts and investment strategists agree that the European Central Bank on Thursday will raise interest rates. The key question is: will the hawks get their 75 basis point hike? Or will doves be heard with a 50 point increase? Some still question if hiking rates into a recession is the right thing to do.
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