ECB faces dilemma over interest rate rise amid Credit Suisse crisis

ECB faces dilemma over interest rate rise amid Credit Suisse crisis - short news


European Central Bank could opt for smaller increase as concerns spread over health of banking system

The European Central Bank is facing a dilemma over whether to push ahead with its plans for a large interest rise on Thursday amid fears over the strength of the banking system after Wednesday’s heavy sell-off of the Swiss banking giant Credit Suisse.

After raising interest rates since last summer at a record pace to tackle high inflation across the eurozone, the ECB had..


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source: The Guardian - 16.03.2023

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