Undeterred by Fears of a Banking Crisis, ECB Raises Interest Rates by 50bps

Spread the love
european central bank interest hikesThe European Central Bank (ECB) has convened to raise three of its key interest rates by 50bps (0.5%), fueled by the persistence in the inflation numbers reported by the bloc. Christine Lagarde, president of the institution, stated that the banking sector in Europe was resilient and that the institution was ready to provide liquidity if […]

Go to Source

Powered by WPeMatico