Today news
About the same in other media
European Central Bank Slows Pace of Rate Increases
Reading now: 639
wsj.comFRANKFURT—The European Central Bank slowed the pace of its interest-rate increases but signaled it isn’t ready to pause its campaign against high inflation, diverging from the Federal Reserve.
In a statement, the ECB said it would increase its key rate by a quarter percentage point, to 3.25%, a near 15-year high. It was the smallest move since the bank started raising rates last July. The bank also said it would reduce its bondholdings at a faster pace starting in July, a move that is likely to weigh further on economic growth and inflation.
Read more on wsj.comAbout this in other media
Irish central bank governor compares crypto to ponzi scheme finextra.com /1 year ago
Brazil Central Bank CBDC Pilot Snubs Crypto Firms cryptonews.com /1 year ago
XRP Price Prediction as Ripple Publishes New Report on The Future of Central Bank Digital Currency – What's Going On? cryptonews.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
