Relief for mortgage holders as ECB leaves interest rates unchanged

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Relief for mortgage holders as ECB leaves interest rates unchanged
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Lender has decided to hold interest rates after a historic streak of hikes

The European Central Bank has decided not to raise interest rates at a meeting in Athens, breaking the longest streak of interest rate hikes in its history.

Since July 2022, the ECB has made ten-successive moves to raise interest rates in a bid to control inflation."The Governing Council's past interest rate increases continue to be transmitted forcefully into financing ...

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