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Eu Central Financial institution President Christine Lagarde is because of give a press convention following the financial institution’s newest financial coverage choice.
It introduced a brand new price build up of 1 / 4 proportion level, bringing its major price to a few.75%, finishing a complete yr of consecutive price hikes within the euro zone.
“Inflation continues to say no however remains to be anticipated to stay too prime for too lengthy,” the ECB mentioned Thursday in a observation.
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