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ECB Delivers Bigger Than Expected 50 Bps Hike

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, 07-22-2022 at 07:41 PM (186 Views)
      
   
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The European Central Bank raised its interest rates for the first time in over a decade on Thursday, by a bigger-than-expected 50 basis points, and unveiled an anti-fragmentation tool called the Transmission Protection Instrument, or TPI.

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