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  • Farrell & Farrell
    • May 4, 2023
    • 1 min read

European Central Bank raises interest rates to 3.25%

The European Central Bank (ECB) has raised interest rates again to maintain its battle against inflation but eased the pace of increase.


The main policy rate was hiked by 0.25% to 3.25% by the euro area central bank's governing council, making borrowing more expensive.


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