Inflation is “projected to remain too high for too long,” the central bank said as it raised interest rates by a quarter-point, its eighth consecutive increase.
Category: European Central Bank
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European Central Bank Raises Rates Again, but Only a Quarter Point
The bank said “underlying price pressures remain strong” in the eurozone, where the annual inflation rate reached 7 percent last month.
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Eurozone Prices Rose in April, as Central Bank Seeks to Tame Inflation
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JPMorgan Chase Emerges as Buyer for First Republic Bank
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The Eurozone Economy Shows Signs of Modest Growth
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