The ECB accelerates and hikes interest rates to 0.5% to curb inflation

The ECB accelerates and hikes interest rates to 0.5% to curb inflation

[ad_1] The ECB has decided to surprise and speed up the process of monetary normalization to quell runaway inflation, even if it slows economic growth. For the first time in 11 years, the Christine Lagarde-led institution has hiked rates by 50 basis points, the largest hike in 22 years. Thus, the interest rate in the […]

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