BCE Keeps Interest Rates Unchanged, Halting a Streak of Ten Consecutive Increases

BCE Keeps Interest Rates Unchanged, Halting a Streak of Ten Consecutive Increases

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Summary: The European Central Bank (ECB) has decided to hold off on raising interest rates, interrupting a streak of ten consecutive increases. The ECB's governing council voted to maintain the refinancing rate at 4.50%, while the deposit rate remains at 4% and the lending rate at 4.75%. This…

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