The European Central Bank is expected to push on with its inflation fight Thursday with a fresh rate hike, even as signs grow the eurozone might have passed the worst of an economic shock. After Russia’s invasion of Ukraine sent energy and food costs soaring across the single currency area, the ECB embarked on the most aggressive cycle of monetary policy tightening in its history. Since July, it has lifted interest rates by 2.5 percentage points to tame consumer price growth – which peaked at 10.6 percent in October, over five times the bank’s target. While still high, inflation has started slowing, fuelling hopes ... (full story)