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ECB slows rate hikes but pledges more to keep up inflation fight

ECB raises rates by 50 bps, signals similar hikes QT to start in March Eurozone reduction looms Inflation risks skewered to the side FRANKFURT, Dec 15 (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday but stressed significant tightening remained ahead and laid out plans to drain cash from the financial system as part of a dogged fight against runaway…