Economic TimesLean R·
Euro nudges lower after ECB holds steady, stocks inch up
The European Central Bank maintained interest rates, indicating rising inflation risks tied to increasing energy prices. Following the decision, the euro declined against the dollar and the pound, reaching a low not seen in 18 months. Euro zone bond yields also dropped slightly, while European stocks experienced a modest rise. Central bank President Christine Lagarde announced her early departure, effective February 7.
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