Markets have ramped up bets on ECB interest rate rises this year after data last week showed euro zone inflation at a record high. A bigger, 50 basis-point hike at one of the bank’s policy meetings by October is being priced in.
British Prime Minister Boris Johnson will face a confidence vote later on Monday, the chairman of the 1922 Committee Graham Brady has told lawmakers, after a report documented alcohol-fuelled parties when Britain was under strict COVID lockdowns.
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