The ECB raises interest rates to 3%, its highest level in 14 years, despite the easing of inflation

The ECB raises interest rates to 3%, its highest level in 14 years, despite the easing of inflation

No surprise. The European Central Bank raised interest rates by another 50 basis points this Thursday, leaving the 'price of money' at 3%. The institution...

Fight against strong inflation: ECB raises interest rates to highest level since the financial crisis

Interest rates in the Eurozone have now reached their highest level since the financial crisis 14 years ago. On Thursday, the ECB raised its key interest rates for the fifth time in a row. The central bank also announced a further step of the same amount for March.

Bank of England raises interest rates to highest level for 14 years

THE Bank of England has raised UK interest rates to their highest level for 14 years in a bid to battle soaring prices.

UK interest rate rises to highest level in fourteen years

De Bank of England heeft zijn rentetarief donderdag verhoogd naar 4 procent, het hoogste niveau in veertien jaar. Doel van deze nieuwe renteverhoging is om de inflatie in het Verenigd Koninkrijk te bestrijden.

UK interest rates to highest in 14 years

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UK interest rates highest since 2008

As economists expected, the Bank of England made another interest rate hike, which were thus at their highest level since autumn 2008.