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![]() Sam ReevesFortune |
Profit after tax stood at €149 million ($156 million) in the three months to the end of December compared with €15 million one year earlier.
The central bank hiked interest rates repeatedly from 2022 to tame soaring inflation, but is now bringing them back down as price rises slow and the...
The European Central Bank will seek a careful balance with its latest cut, wary of inflation, politics, and trade turbulence.
Inflation fell to 1.8% in September, the first time it has been below the ECB's target of 2% since 2021.