The European Central Bank (ECB) has made an announcement regarding a new rate decision on Thursday. Daniel Roland | AFP | Getty Images The ECB has increased its main rate by a quarter percentage point, bringing it to 3.75%. This rate hike marks the completion of a full year of consecutive rate increases in the …
The European Central Bank (ECB) announced its decision to raise three key interest rates by 25 basis points as a measure to combat inflation. Photo by Stephen Shaver/UPI July 27 (UPI) — The European Central Bank raised interest rates by a quarter point in its ongoing efforts to tackle inflation. The ECB announced an increase …
Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images European Central Bank President Christine Lagarde expressed her view on Tuesday that inflation remains high and it is premature for her organization to declare victory over rising consumer prices. Speaking at the Sintra central banking event in Portugal, Lagarde stated, …
1/3 European Central Bank President Christine Lagarde stated that inflation is too high to warrant a pause in rate hikes, as the target rate won’t be achieved until 2025. This image features Christine Lagarde. (File Photo by Kevin Dietsch/UPI | License Photo) June 15 (UPI) — The European Central Bank increased interest rates by 25 …
Dollar, yuan, yen, and euro notes. Ullstein Bild Dtl. | Ullstein Bild | Getty Images From hawkish pauses to rate hikes and dovish tones, the world’s biggest central banks last week demonstrated diverse approaches to monetary policy. The European Central Bank (ECB) surprised markets by hiking rates and unveiling a worsening inflation outlook, leading investors …
1/2 Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said tight economic policies may be necessary in the European economy due to lingering inflation. Photo by Bonnie Cash/UPI | License Photo June 16 (UPI) — The International Monetary Fund (IMF) agrees that economic policies in the European Union should maintain a restrictive approach …
The European Central Bank’s (ECB) decision to increase interest rates by 0.25% brings the rate to its highest level in 22 years at 3.5%. While this move was expected, it puts further pressure on the governments of member states. In contrast, the Federal Reserve in the US decided against raising rates this week. The ECB’s …
