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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: ECB hikes rates by an unprecedented 0.75%, UK announces energy bill plan

ECB Liz Truss European Central Bank Interest Rates

The biggest single rate hike in the history of the European Central Bank and Liz Truss’s energy bill support package are the major areas of focus for traders today.

A rise of 0.75% took rates to their highest level since 2011 after the ECB ended eight years in negative territory with a 0.5% hike in July.

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