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ECB hikes interest rates despite growing threat of recession

Video Credit: euronews (in English) - Duration: 01:22s - Published
ECB hikes interest rates despite growing threat of recession

ECB hikes interest rates despite growing threat of recession

The decision raises the ECB’s benchmark deposit rate to 4%, up drastically from minus 0.5% just a little more than a year ago and the highest since the euro was established in 1999.


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