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European Central Bank Raises Rates for a 10th Time
Posted inBanking and Financial Institutions Economic Conditions and Trends Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine

European Central Bank Raises Rates for a 10th Time

In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak.
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Posted by By Eshe Nelson
Eurozone Inflation Holds Steady at 5.3 Percent
Posted inEconomic Conditions and Trends European Central Bank Eurozone Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates)

Eurozone Inflation Holds Steady at 5.3 Percent

Prices rose at an annual rate of 5.3 percent, defying expectations of a slowdown. The news may bolster the case for another European Central Bank interest rate increase.
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Posted by By Eshe Nelson
Europe’s Economy Expanded in Spring, and Inflation Has Eased
Posted inEconomic Conditions and Trends Europe European Central Bank Eurostat Eurozone Germany Gross Domestic Product Inflation (Economics)

Europe’s Economy Expanded in Spring, and Inflation Has Eased

The eurozone economy grew more than expected, while inflation slowed after a string of rate hikes from the European Central Bank.
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Posted by By Melissa Eddy
E.C.B. Raises Rates Again, Citing ‘Too High’ Inflation
Posted inBanking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine

E.C.B. Raises Rates Again, Citing ‘Too High’ Inflation

The bank said some price pressures were easing, but that “underlying inflation remains high overall,” as it raised rates a quarter percentage point.
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Posted by By Eshe Nelson

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