First modification:
It is the first time since July 2022 that the ECB takes a pause in its restrictive monetary policy that seeks to stifle inflation until it reaches 2% annually. In September, prices rose 4.3% year-on-year in the Euro Zone, which represented a slowdown from 5.2% in August. With the decision this Thursday, October 26, interest rates remain at 4%, their highest level since the creation of the entity and the launch of the single currency in 1999.
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