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Breaking: ECB And Bank Of England Lift Interest Rates; Crypto Market Reacts

source-logo  coingape.com 15 December 2022 14:54, UTC

On Thursday, the European Central Bank (ECB) slightly reduced its record rate of interest rate increases, joining the U.S. Federal Reserve and other central banks around the world in stepping up their fight against inflation. Interest rates were raised by 0.5 percentage points by the central banks of Switzerland, the eurozone, and the United Kingdom in a fight against the high prices that are burdening consumers in the nations.

coingape.com