Sluggish eurozone economies will not welcome ECB’s interest rate rise - short news
Consumers in Germany, the EU’s largest economy, representative of wider pattern of putting more into savings
ECB raises interest rates to highest level since euro launchedInterest rates went up again across the eurozone on Thursday – probably for the last time during this cycle of hikes that has become a familiar story in the single currency bloc, as it has in the UK and US.
The European Central Bank (ECB) raised its main deposit rate by a quarter of one per cent to 4% –..
source: The Guardian - 14.09.2023