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President of European Central Bank Christine Lagarde speaks during a press conference in Frankfurt, Germany, Thursday, March 16, 2023

Economy

Video. European Central Bank hikes rates again to 3.5% to battle inflation

Updated: 15/06/2023 - 17:12 GMT+2

The European Central Bank has pressed ahead with another interest rate hike, aiming to crush inflation that is driving up the cost of groceries, utility bills and summer vacations.

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