March 11, 2025

FRANKFURT: The European Central Bank (ECB) slowed the pace of its interest rate increases on Thursday (May 4) but signalled more tightening to come in what markets expect to be the final stage of its fight against inflation.All ECB policymakers but one, Austria’’s Robert Holzmann, backed the 25-basis-point increase in the ECB’s main deposit rate to 3.25%…
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