European Central Bank plots first rate hike for a decade - This is Money


7/17/2022 12:00:00 AM2 years 9 months ago
by Lucy White

The ECB will bump up its base rate by a likely 0.25 percentage points. But this will still leave its base rate in negative territory.

The eurozone's central bank is set to hike interest rates for the first time in 11 years but risks getting left behind as peers push ahead in the fight against inflation.  The European Central Bank … [+2369 chars]

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