ECB, BOE Raise Rates by Half a Percentage Point
The central banks of the eurozone, the U.K. and Switzerland increased interest rates by 0.5 point, following the Federal Reserve in slowing the pace of increases as inflation edges lower across advanced economies.
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### Instruction: ECB, BOE Raise Rates by Half a Percentage Point

### Response: The central banks of the eurozone, the U.K. and Switzerland increased interest rates by 0.5 point, following the Federal Reserve in slowing the pace of increases as inflation edges lower across advanced economies.