Market Views: How investors can assess the ECB hikes
Ending an eight-year experiment with negative interest rates, the European Central Bank has increased its interest rate for the first time in 11 years and announced plans of further hikes.
The European Central Bank (ECB) raised interest rates by more than expected on Thursday July 21, as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of the war in Ukraine.
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