ECB keeps rates unchanged but points to mounting inflation risk

FRANKFURT, Oct 29 (Reuters) – The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday but warned that inflation risks were on the rise from surging energy costs, which may solidify market bets for a December rate hike. The ECB has raised rates twice this year to prevent an Iran war-induced energy price jump from getting entrenched and has signalled that more…

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