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The European Central Bank (ECB) on Thursday will deliver its announcement on the eurozone’s key interest rates, with most economists expecting no change. Currently, the main refinancing rate stands at 4.25%. The deposit rate, which banks receive for funds parked at the ECB, is 3.75% in the 20-country common currency area. In July 2022, the ECB ended its years-long policy of zero and negative interest rates to get a grip on inflation, which had risen to record levels as economies emerged from the Covid-19 pandemic. The central bank raised interest rates 10 times in a row before taking a pause. …

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