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The European Central Bank toughened its anti-inflationary stance with a 50 basis point hike to interest rates on Thursday and announced a new anti-fragmentation.

United statesSpyros andreopoulosMario draghiClemens fuestShweta singhIfo insituteThomas wackerGermany ifo instituteEuropean central bankTransmission protection instrumentIfo instituteEuropean stability mechanismOutright monetary transactionsGeneral counselPrime minister mario draghiGoverning council