European Central Bank raises rates again, pencils in at least one more hike

European Central Bank raises rates again, pencils in at least one more hike

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The European Central Bank raised interest rates again on Thursday and pencilled in at least one more hike of the same magnitude next month. The ECB has been increasing rates at a record pace to fight a sudden bout of high inflation in the euro zone – the byproduct of factors such as the aftermath…

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