Europe's central bank backs larger-than-expected rate hike, first since 2011 • FRANCE 24 English
FRANCE24, 21 Jul 2022
The European Central Bank on Thursday brought an end to the era of negative interest rates in the eurozone with a bigger than expected half-point hike to combat soaring inflation, as President Christine Lagarde warned of a darkening economic outlook.
#ECB #Eurozone #inflation
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