ECB raises interest rates again but slows pace

The European Central Bank raised interest rates once again on Thursday, this time by 25 basis points to 3.25 percent.

The rate hike, though, represents a slower pace after three increases of 50 basis points in a row.

Our Europe correspondent Giles Gibson has more.

IN: "The ECB has…"

OUT: "...Giles Gibson, Rome."
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