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The European Central Bank Raises Rates Again in the Fight Against Inflation

Por: The New York Times Business October 27, 2022

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As clouds continue to gather over Europe’s economy, the European Central Bank imposed another large interest-rate increase on Thursday, as policymakers tried to quickly quell the region’s record-high inflation.The central bank, which sets monetary policy for the 19 countries that use the euro, raised interest rates by three-quarters of a percentage point, last month. After a slow start in raising rates — was the first in more than a decade... + full article



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