FRANKFURT (Reuters) -- The European Central Bank raised interest rates by 25 basis points to 3.25% as expected on Thursday and said it would stop reinvesting cash from maturing debt in its 3.2 trillion euro Asset Purchase Programme from July.
Inflation
ECB raises rates by 25 basis points to 3.25% in inflation fight
Central bank will stop reinvesting cash in Asset Purchase Programme from July
European Central Bank (ECB) President Christine Lagarde. © Reuters
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