![European Central Bank hikes key rate European Central Bank hikes key rate](https://exceptionalinsights.group/wp-content/uploads/2022/03/logo_200x200-2.png)
The Eurozone regulator decided to go with a larger-than-expected 50 basis-point increase The European Central Bank (ECB) has hiked interest rates for the first time in 11 years on Thursday, going for the 50 basis-point increase instead of the previously anticipated 25 basis-point hike, the regulator announced in a press-release on its website.
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