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ECB hikes interest rates for first time in 11 years by larger-than-expected amount
Video Credit: euronews (in English)
Published on July 21, 2022 - Duration: 01:55s
ECB hikes interest rates for first time in 11 years by larger-than-expected amount
The European Central Bank has raised interest rates for the first time in 11 years by a larger-than-expected amount, joining steps already taken by the US Federal Reserve and other major central banks to target stubbornly high inflation.
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