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Saturday, 10 September 2022

ECB governors may hike interest rate to 2 per cent to curb inflation

ECB governors may hike interest rate to 2 per cent to curb inflation: The ECB raised its deposit rate from zero to 0.75 per cent on Thursday and President Christine Lagarde guided for another two or three hikes, saying rates were still far away from a level that will bring inflation back to 2 per cent.

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