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Euronews
Euronews
Quirino Mealha

ECB hikes rates to 2.5% as energy shock pushes eurozone inflation higher

Frankfurt has tightened again.

The European Central Bank's governing council lifted the deposit facility rate from 2.25% to 2.5% on Thursday. It is the second hike since 11 June, when the ECB moved for the first time in three years.

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