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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