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ECB hikes rates more than flagged in race to tame inflation

Middle East

21-07-2022 | 10:56

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ECB hikes rates more than flagged in race to tame inflation

The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia's war in Ukraine.

REUTERS

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