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European stocks closed higher amid hopes that the rate hike cycle will end

Stoxx 600 indicator European stocks, up 1.4 percent.

And raise the European Central Bank interest rates By 50 basis points Thursday, he explicitly indicated that he will raise interest rates at least once again by the same amount next month, after which he evaluates the course of monetary policy in the next stage.

The Financial Times 100 index of leading stocks rose 0.8 percent, while the German DAX index jumped 2.2 percent.

The interest rate-sensitive real estate index was the main gainer on the Stoxx 600 index on Thursday, jumping 6.8 percent, while technology shares hit their highest levels since March.

Banking stocks, which usually benefit from a lift, fell interest ratesfrom its highest level in about a year, which it touched during the session, to close down 0.7 percent.

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and closed Stoxx 600 indicator European stocks, up 1.4 percent.

And raise the European Central Bank interest rates By 50 basis points Thursday, he explicitly indicated that he will raise interest rates at least once again by the same amount next month, after which he evaluates the course of monetary policy in the next stage.

The Financial Times 100 index of leading stocks rose 0.8 percent, while the German DAX index jumped 2.2 percent.

The interest rate-sensitive real estate index was the main gainer on the Stoxx 600 index on Thursday, jumping 6.8 percent, while technology shares hit their highest levels since March.

Banking stocks, which usually benefit from a lift, fell interest ratesfrom its highest level in about a year, which it touched during the session, to close down 0.7 percent.

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