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Tag: interest

European Central Bank raises interest rates but slows pace
Economy

European Central Bank raises interest rates but slows pace

May 4, 2023May 4, 2023

The European Central Bank (ECB) slowed the tempo of its rate of interest will increase Thursday, stepping again just like the U.S. Federal Reserve (Fed)

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European Central Bank raises interest rates but slows pace
Economy

ECB raises interest rates by 25 bps to fight inflation

May 4, 2023May 4, 2023

European Central Bank raises rates of interest by quarter-point to battle inflation, slowing tempo like U.S. Federal Reserve. Inflation outlook continues to be ‘too excessive

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