ECB raises eurozone interest rate by 0.5% – DW

ECB raises eurozone interest rate by 0.5% – DW

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The European Central Bank hiked on Thursday its interest rate by 0.5%, in its latest review this year, as it tries to control rising inflation in the Eurozone. Interest rate was raised to 2.5%, the fourth hike to be introduced by the central bank in Frankfurt this year. It comes hours after the…

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