ECB's Lagarde: 25 bps hike is a signal and is necessary
European Central BankChristine Lagarde said a 25 basis point interest rate hike is a signal and is necessary.
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ECB raises rates for first time in nearly three years as Lagarde cites Iran war inflation pressures.
The European Central Bank just raised rates for the first time in almost three years. ECB President Christine Lagarde said the Iran war is stoking inflation pressures.
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