Investment news

ECB commits to more assertive defence of eurozone cohesion

ECB President Christine Lagarde speaking at Thursday's monetary policy press conference. Photo: ECB.

While closing the door on a seven-year era of negative interest rates with a larger than anticipated rate hike, the European Central Bank on Thursday committed itself to a more assertive defence of cohesion between the 19 economies that use the euro. President Christine Lagarde described the move as “a rather historical moment”. 

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