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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: ECB hikes rates, ups inflation forecasts; FTSE closes at 7628; gilts hit new 15-year high

European Central Bank Interest Rates

The European Central Bank took centre stage today as policymakers hike dinterest rates by 0.25% for an eighth meeting in a row.

Their meeting comes after the Federal Reserve paused interest rate hikes but signalled the need for further rises later in the year.

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