BBCNEWS World Business Report July 6, 2024
that's the message sent by the european central bank as it ploughs ahead with plans to raise rates, despite sluggish growth in the eurozone, and turmoil in the banking sector. the ecb's main interest rate was hiked by 50 basis points to 3.5% — as it tries to keep a lid on rising prices. but the language from policymakers has begun to strike a new note, dropping a reference, used in previous statements, to the need to raise rates significantly going forward. agnese ortolani is a europe analyst at the economist intelligence unit. so, we have had this rate rise within the last hour. g...
Source: archive.org