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🇨🇾 Cyprus Mail

EN · 29 Oct, 16:25

ECB holds interest rates steady as energy shock threatens inflation and growth

Indexed from Cyprus Mail · Crawly News

By Kyriacos Nicolaou

The European Central Bank (ECB) kept its three key interest rates unchanged on Thursday, as rising energy prices threaten to push inflation higher and weaken economic growth, hours after President Christine Lagarde announced she would step down before the end of her term. The decision leaves the ECB’s deposit…

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