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Eurozone interest rates set to rise for first time in 11 years

Summary by Ground News
ECB to raise interest rates by a quarter of a percentage point in July. Further hikes planned for later in the year. Bank also intends to end its bond-buying stimulus programme on 1 July. ECB's main policy interest rate is currently at -0.50% and could be back at zero by September.

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  • 50% of the sources are Center, 50% of the sources lean Right
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NU broke the news in Netherlands on Thursday, June 9, 2022.
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