European Central Bank hikes rates and vows ‘we are not done’

ECB president Christine Lagarde said on Thursday that even beyond an intended hike in March, ‘we know that we are not done’.

President of the European Central Bank Christine Lagarde (Michael Probst/AP)

By Associated Press Reporters

The European Central Bank (ECB) has hiked interest rates by another half-point and said it intends to make a similar move in March.