Tag Archives: ECB delivers historic rate hike to battle inflation

FRANKFURT: The Euro­pean Central Bank anno­unced the largest rate hike in its history on Thursday and said there were more to come as it scrambles to pull inflation down from record heights. Policymakers lifted the ECB’s key rates by 75 basis points, a leap matched only by a technical move made in 1999 shortly after the central bank’s founding. Eurozone …

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