ECB doubles down as G7’s hawk with second rate hike likely this week

In a move set to reaffirm the ECB as the most hawkish central bank among the Group of Seven, a quarter-point increase on Thursday has been widely signaled The headquarters of the European Central Bank (ECB) near the River Main in Frankfurt, Germany. Image: Bloomberg Bloomberg Listen to This Article By Craig Stirling The European Central Bank will almost certainly deliver a second interest-rate hike in the coming week, throwing the focus onto how open officials are to a third step later in the year. In a move set to reaffirm the ECB as the most hawkish central bank among…