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Economists Predict Increased Probability of ECB Rate Hike in September

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Economists see a greater chance that the European Central Bank will deliver two more interest-rate increases — extending what’s already an historic tightening cycle into September.

Goldman Sachs, UniCredit and BNP Paribas are among banks that have changed their outlook after policymakers delivered a quarter-point hike on Thursday and President Christine Lagarde said there’s more ground to cover to bring inflation back to 2%.

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