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A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.
Tech Insider

Happy Friday, team. I'm senior reporter Phil Rosen. 

In case you missed it, the European Central Bank Thursday made a half-point interest rate hike, marking its fifth consecutive move as part of its inflation-fighting efforts.

EU policymakers plan to make the same sized hike at their meeting in March, similar to expectations for the US central bank to repeat yesterday's rate hike at its next meeting.