ECB to make tough decision amid stubborn inflation, slumping economy
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00:00 And forced to choose between halting its record run of interest rate hikes or saving the regional economy from recession,
00:07 the European Central Bank is not faced with a tough decision.
00:11 Such fork road is now facing the ECB and US Federal Reserve as well as other central banks around the world
00:18 on whether to end the series of rate hikes to stave off inflation
00:22 or just merely stay put and keep their fingers crossed to the damage the economy would not be as costly.
00:29 ECB President Christine Lagarde says it would make the rate decision based on available data.