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European Shares Rebound With Focus On Lagarde Speech

European stocks traded higher on Friday after two straight days of declines on concerns about the impact of China's "zero-COVID" strategy and indications that the U.S. Federal Reserve will keep raising rates to fight inflation.

Closer home, the European Central Bank will keep raising rates as withdrawing accommodation may not be enough to curb inflation, ECB President Christine Lagarde said in a speech at a conference.

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by RTTNews Staff Writer

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