European shares near two-month lows after ECB hikes rates
European shares fell to near two-month lows on Thursday. The pan-European STOXX 600 was down 0.5% as the ECB increased borrowing costs and warned of higher inflation driven by the war-fueled energy shock.
European shares fell to near two-month lows on Thursday as expectations of more interest-rate increases rose after the European Central Bank lifted borrowing costs and warned that inflation will stay elevated because of the war-driven energy shock. 5% at…