Frankfurt is the first of the major central banks to draw: after a year without movement, the ECB raises its key rates in the face of accelerating inflation in the euro zone
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The European Central Bank is the first among its major peers to raise rates to respond to inflation caused by the war in the Middle East.
🗞️ 4 sources covered this story
“This amounts to tightening the screw”: Why the ECB decided to raise its rates for the first time in three years
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