ECB hikes interest rates despite growing threat of recession

ECB hikes interest rates despite growing threat of recession

ECB hikes interest rates despite growing threat of recession

The decision raises the ECB’s benchmark deposit rate to 4, up drastically from minus 0.5 just a little more than a year ago and the highest since the euro was established in 1999.

User: euronews (in English)

Views: 24

Uploaded: 2023-09-14

Duration: 01:22

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