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Citigroup anticipates ECB to take down payment price to 4% by July this year By Reuters

By: Financial News Buzz

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© Reuters. SUBMIT IMAGE: The Citigroup Inc (Citi) logo design is seen at the SIBOS financial and also monetary meeting in Toronto, Ontario, Canada October 19, 2017. Image taken October 19, 2017. REUTERS/Chris Helgren/File Picture

( Reuters) – Citigroup (NYSE:-RRB- anticipates the European Reserve bank to trek prices by 50 basis factors each in March and also May to press its plan prices to regarding 4% by July.

Financial experts led by Arnaud Marès claimed this strategy by the ECB will certainly most likely lead to overtightening of prices to tame document high rising cost of living.

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