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European Central Bank slows rate hikes but vows more ahead

Por: ABC News World December 16, 2022

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FRANKFURT, Germany -- The European Central Bank slowed its record pace of interest rate increases slightly Thursday but promised that more hikes are on the way, joining the U.S. Federal Reserve and other central banks in reinforcing an inflation crackdown despite some recent headway against the high prices that are plaguing consumers.The ECB, Bank of England and Swiss National Bank dialed back their increases to half a percentage point from... + full article



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