The European Central Bank made its largest-ever interest rate increase Thursday, following the US Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out record inflation that is squeezing consumers and pushing Europe toward recession. The bank's 25-member governing council raised its key benchmarks by unprecedented three-quarters of a percentage point for the 19 countries that use the euro currency.from IndiaTV Business: Google News Feed https://ift.tt/QC8hxK1
via IFTTT
No comments:
Post a Comment