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European Central Bank hikes rates by a quarter-percentage point | CNN Business

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European Central Bank hikes rates by a quarter-percentage point | CNN Business

The European Central Bank raised interest rates by a quarter of a percentage point Thursday, the smallest increase since it started hiking in July after data this week showed core inflation cooling and banks pulling back sharply on lending.

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European Central Bank hikes rates by a quarter-percentage point | CNN Business

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European Central Bank hikes rates by a quarter-percentage point | CNN Business

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