ECB Holds Interest Rates as Energy Prices Fuel Fears of Further Increases
8 Articles
8 Articles
The ECB KEPT interest rates at 2.5%, bringing temporary respite to Croatian citizens despite the risk of rising energy prices and further inflation.
European Central Bank (ECB) policymakers considered raising interest rates on Thursday but ultimately opted unanimously for a pause in rate hikes. This is because the ECB sees few signs yet that higher energy prices are impacting the rising costs of various other products. Furthermore, the cost of borrowing has already increased significantly since the last meeting in September, ECB President Christine Lagarde said during a press conference rega…
ECB Holds Interest Rates as Energy Prices Fuel Fears of Further Increases
The European Central Bank (ECB) has kept interest rates unchanged, but the decision offers little reassurance that borrowing costs have peaked. Rising oil and gas prices, driven by the continuing conflict in the Middle East, are increasing the risk of another wave of inflation across Europe.
The European Central Bank today kept the reference interest rate unchanged at two and a half percent, but clearly indicated a new increase in December
CryptoTendence The ECB keeps the rates at 2.5% despite the spike in inflation, while expectations of a rise in December grow.The entry The ECB kept interest rates unchanged despite inflationary pressure was first published in CryptoTendence.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
