ECB sticks to planned rate hike despite turmoil
FRANKFURT, Germany – The European Central Bank stuck to a planned interest rate increase Thursday as it remained laser-focused on battling sky-high inflation despite market turmoil over fears of a widening banking crisis. The bank raised interest rates by half a percentage point, its sixth successive hike — but it notably omitted language from its … Continue reading ECB sticks to planned rate hike despite turmoil
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