Heard on the Street: ECB Remains Decidedly Data-Independent
Today, policy makers [pushed up interest rates](https://www.wsj.com/articles/ecb-rate-decision-july-83e574cd?mod=djemalertNEWS) by a quarter of a percentage point to a 22-year high of 3.75%, and said that banks would no longer get any remuneration on their mandated minimum reserves held at the centr...