The European Central Bank raised its key interest rates by 50 basis points on Thursday, in line with expectations, and signaled that policymakers plan to repeat the move in March, when they will evaluate the future path of policy rates. The Governing Council, led by ECB President Christine Lagarde, had slowed the pace of interest rate hikes to 50 basis points from 75 basis points in December.
Read Full Story
Latest posts by Top News Editor (see all)
- U.S. Dollar Climbs Further Off Recent Lows - March 24, 2023
- U.S. Durable Goods Orders Unexpectedly Slump As Aircraft Demand Extends Nosedive - March 24, 2023
- UK Private Sector Logs Strong Growth In March - March 24, 2023
