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ECB likely to get out of negative rates by September, Lagarde says

Summary by Ground News
Lagarde's first explicit call for two interest rate hikes in quick succession. Lagarde expects net purchases under the [bond buy program] to end very early in the third quarter. Comments come after finance ministers and central bankers of the G7 economic powerhouses on Friday concluded their meeting with a pledge to fight mounting inflation.

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Politico Europe broke the news in Brussels, Belgium on Monday, May 23, 2022.
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