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European Central Bank raises interest rates by quarter-point to fight inflation
Video Credit: euronews (in English)
Published on May 4, 2023 - Duration: 01:02s
European Central Bank raises interest rates by quarter-point to fight inflation
The European Central Bank has slowed the pace of its interest rate increases, stepping back like the US Federal Reserve from a string of jumbo hikes aimed at snuffing out inflation.
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European Central Bank
Prime component of the Eurosystem and the European System of Central Banks
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Federal Reserve
Central banking system of the United States of America
The Federal Reserve - the US central bank - has opted not to increase its base interest rate.
Credit: Sky News - Published 1 week ago
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