European Central Bank raises interest rates by 25 basis points in first hike since 2023

European Central Bank raises interest rates by 25 basis points in first hike since 2023
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The ECB's deposit rate climbs to 2.25% as eurozone inflation surges past 3%, ending a prolonged easing cycle that began last year The European Central Bank just hit the brakes. After months of cuttin… [+2693 chars]

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