ECB hikes rate 25bps to 2.50%
ECB Hikes Rate 25bps To 2.50%; As Expected
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European stocks close sharply lower as energy prices lift inflation risks
European stocks closed sharply lower Wednesday. Euro STOXX 50 fell 1.7% to 6,304 and STOXX Europe 600 fell 1.5% to 640 amid higher energy prices and renewed inflation-demand concerns.