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ECB raises rates to record high, signals end to hikes

LONDON (Reuters) -The European Central Bank raised its key interest rate to a record peak on Thursday and signalled this will likely be its final move in a more-than year-long fight against stubbornly high inflation. That illustrated the dilemma the ECB faced, with prices still rising, but economic activity struggling. FOREX: The euro fell and was last down 0.5% at $1.0674, having hit its lowest level in over three months after the ECB decision.
United Kingdom City Of Dean Turner Amanda Cooper Dhara Ranasinghe European Central Bank
Source: yahoo.com

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