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Central banks across Europe pause for breath after mammoth rate hike run, but face 'triple dilemma'
High inflation continues to plague European households and businesses, and central banks in the region have yet to declare victory on bringing it to target. But September marked a change in tone in their messaging, as some central banks put the breaks on interest rate hikes after nearly two years, while others appeared to be at the brink of peak rates. This has turned market attention to how long rates will be held at current levels, amid strains on economic growth. This month's decisions have shown "all central banks are coping with the same triple dilemma: how to balance between slowing economies, still too high ... (full story)