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European Central Bank hikes rates to record level as inflation risks outweigh economic gloom

The European Central Bank has raised interest rates to a record high of 4%, the 10th consecutive increase, due to concerns about persistently high inflation.
Despite the rate hike, the ECB indicated that it may be the last for now, as they believe the current rates will contribute to a timely return of inflation to their target of 2%.
The ECB expects inflation in the eurozone to decrease to around 2.9% next year and 2.2% in 2025.

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NRC Handelsblad

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The European Central Bank is raising interest rates to record levels — has the peak been reached now?

Monetary policy: The ECB has raised interest rates for the tenth time. It was far from certain that this step was taken, because the economy is clearly cooling...

2 years ago·Netherlands

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Business Live

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ECB raises rates to record high

The European Central Bank signals pause ahead despite projected increase in inflation

2 years ago·Johannesburg, South Africa

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'Bad news for homeowners': European Central Bank raises interest rates for 10th time

Interest rates on home loans risk rising in Denmark after the European Central Bank (ECB) on Thursday raised its guidance rate to 4 percent.

2 years ago·Denmark

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Politiken

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The National Bank follows the ECB and raises interest rates by 0.25 percent

2 years ago·Copenhagen, Denmark

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ANSA

Center

The ECB raises rates by a quarter of a point, to 4.50%. Lagarde: 'Rises over? We depend on the data. '

The deposit rate at 4%, the rate on marginal loans at 4.75%. The Board of Directors: 'The rates are now at a level that ensures the objective if maintained long enough' (ANSA)

2 years ago·Italy

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Nikkei

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ECB raises rates to record high, signals end to hikes

FRANKFURT (Reuters) -- The European Central Bank raised its key interest rate to a record high of 4% on Thursday but, with the euro zone economy in th

2 years ago·Japan

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