European Central Bank makes another large interest rate hike


              Christine Lagarde, President of the European Central Bank (ECB),  and Vice President Luis de Guindos leave the podium after the press conference at ECB headquarters in Frankfurt, Germany, Thursday, Oct. 27, 2022. The European Central Bank has made another outsized interest rate hike aimed at squelching out-of-control inflation. It increased rates by three-quarters of a percentage point Thursday at a meeting in Frankfurt.  (Arne Dedert/dpa via AP)
            
              Christine Lagarde, President of the European Central Bank (ECB), gives a press conference at ECB headquarters in Frankfurt, Germany, Thursday, Oct. 27, 2022. The European Central Bank has made another outsized interest rate hike aimed at squelching out-of-control inflation. It increased rates by three-quarters of a percentage point Thursday at a meeting in Frankfurt.  (Arne Dedert/dpa via AP)
            Christine Lagarde, President of the European Central Bank (ECB), gives a press conference at ECB headquarters in Frankfurt, Germany, Thursday, Oct. 27, 2022. The European Central Bank has made another outsized interest rate hike aimed at squelching out-of-control inflation. It increased rates by three-quarters of a percentage point Thursday at a meeting in Frankfurt.  (Arne Dedert/dpa via AP) Christine Lagarde, President of the European Central Bank (ECB), gives a press conference at ECB headquarters in Frankfurt, Germany, Thursday, Oct. 27, 2022. The European Central Bank has made another outsized interest rate hike aimed at squelching out-of-control inflation. It increased rates by three-quarters of a percentage point Thursday at a meeting in Frankfurt.  (Arne Dedert/dpa via AP)