Comment: Rates on the up
COMMENT BY CENTRALBANKNEWS
The ECB yesterday increased eurozone interest rates by 25 basis points, taking them to 2.75% - their highest level in more than three years. In doing so, it did, however, steer clear of a 50 basis point hike that some had feared after European CPI inflation jumped 2.5% and 2.4% in May and April respectively, compared
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