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ECB hikes rates by 75 basis points to 1.5%; economy likely to slow further in 4Q and 1Q, says Christine Lagarde – The Economic Times Video

ECB hikes rates by 75 basis points to 1.5%; economy likely to slow further in 4Q and 1Q, says Christine Lagarde – The Economic Times Video | ET Now

The European Central Bank raised interest rates again on Thursday and announced it was changing the terms of its ultra-cheap loans to commercial banks in a bid to shrink its bloated balance sheet and fight off a historic surge in inflation.


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