European shares slump on hawkish ECB remarks, disappointing China data | Republic World

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Published 19:30 IST, January 17th 2024

European shares slump on hawkish ECB remarks, disappointing China data

Economic data from China revealed a slower-than-expected growth rate for the fourth quarter.

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Reported by: Business Desk

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Euro Zone: The ECB is anticipated to lead the charge in rate reductions next year as economic prospects dim. It kept its deposit rate stable at 4 per cent.

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19:30 IST, January 17th 2024