The European Central Bank raised its key interest rate by half a percentage point, a bigger-than-expected move. Christine Lagarde, the bank’s president, also introduced a new measure aimed at countries’ diverging borrowing costs, an increasingly worrying problem for the eurozone.
E.C.B. Raises Rates for First Time in 11 Years: Live Updates
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- Post published:July 21, 2022
- Post category:News
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