NewsBot
27-Jul-23, 22:30
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
European Central Bank and the US Fed Raise Interest Rates By A Quarter Percentage Point
The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate to 3.75% 0n 2 august 2023 The latest move completes a full year of consecutive rate hikes in the euro zone, after the ECB embarked on its journey to tackle high inflation last July. "Inflation continues to decline but is still expected to remain too high for too long," the ECB said Thursday in a statement. [Read Full Article (https://caithness-business.co.uk/article/20867)]
European Central Bank and the US Fed Raise Interest Rates By A Quarter Percentage Point
The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate to 3.75% 0n 2 august 2023 The latest move completes a full year of consecutive rate hikes in the euro zone, after the ECB embarked on its journey to tackle high inflation last July. "Inflation continues to decline but is still expected to remain too high for too long," the ECB said Thursday in a statement. [Read Full Article (https://caithness-business.co.uk/article/20867)]