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  • 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.
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ECB hikes interest rates despite growing threat of recession

Sept. 14, 2023 - 23:40 By euronews (in English)

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.

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