On 14 September, the European Central Bank (ECB) raised its key interest rate for the 10th time in as many meetings, bumping it by a quarter point to an even 4 percent, the highest since the euro currency was introduced in 1999.
Tag: European Central Bank
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FALLING INFLATION RAISES HOPE THAT ECB WILL PAUSE RATE HIKES
Slowing inflation in the Eurozone’s two largest economies have raised hopes that the European Central Bank (ECB) will not raise interest rates again when it meets in September after it raised its key rate by another quarter point on 27 July.
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ECB MUST CONTINUE TO RAISE INTEREST RATES
The European Central Bank (ECB) should continue to raise interest rates into the future, bank president Christine Lagarde said in a 27 June statement at a financial conference in Portugal.
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EUROPE GOING FROM DIRTY CASH TO DIGITAL TRASH
The European Commission (EC), the European Union’s administrative body, has published draft rules that would govern the creation and implementation of a digital euro.
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