UPDATE 1-Money markets back to pricing two ECB rate hikes by Dec '22 - NewsBreak

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By Gesard in Business
Updated 2 years ago

(Adds details, updates prices) Nov 12 (Reuters) - Euro zone money markets moved back on Friday to pricing two full European Central Bank rate hikes by the end of next year. The bloc's bond markets, like others, have been volatile in recent weeks, with a focus on when major central banks will start to hike rates as markets fear inflation is proving less transitory than initially expected.

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