The European Central Bank (ECB) has raised interest rates in the eurozone once again, taking its key rate to a record high last seen in late 2000. The bank raised…
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ECB
ECB could refer to the European Central Bank, responsible for monetary policy in the Eurozone. It sets interest rates, manages the euro currency, and aims for economic stability. Additionally, it supervises banks to ensure financial security within the Eurozone.
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The U.S. dollar edged higher in early European hours Wednesday, bouncing from a 15-month low, while sterling slumped after weaker-than-expected U.K. inflation data. At 02:55 ET (06:55 GMT), the Dollar…
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