ECB set for further rate hikes despite recession risk – Lagarde ...News

Russia Today - Economy
ECB set for further rate hikes despite recession risk – Lagarde
source : Russia Today ( News ) () 18
Inflation is too high across the euro area and risks spreading throughout the economy, the head of the regulator says The European Central Bank (ECB) will continue to raise interest rates to curb inflation in the Eurozone, even though the risk of recession has grown, ECB President Christine Lagarde said in an interview with Delfi published on Tuesday. Since July, the ECB has raised interest rates by a combined 200 basis points, the “fastest increase in the history of the euro,” taking Eurozone rates to 1.5%, the highest since 2009, in an attempt to combat soaring inflation. The bank seeks to ensure that inflation

Read More Details
Finally We wish PressBee provided you with enough information of ( ECB set for further rate hikes despite recession risk – Lagarde )

Also on site :



Latest News

Canada’s Atlantic LNG Dreams Just Got Pricier

before 2 hours & 27 minute

Tesla Super Bull Boosts Price Target to $500, Sees "Golden Age Of Autonomy"

before 4 hours & 43 minute

La innovación de Raytron ayuda a los científicos a rastrear la biodiversidad como nunca antes

before 6 hours & 40 minute

Exploring the Untapped Power of Marine Current Turbines

before 6 hours & 41 minute

L'innovation de Raytron en matière d'imagerie thermique à infrarouge aide les scientifiques à surveiller la biodiversité comme jamais auparavant

before 7 hours & 22 minute

Type 1 diabetes and latent autoimmune diabetes: Role of early detection, awareness and advanced medical support

before 7 hours & 39 minute

Real Estate Sector Under Pressure to Decarbonize

before 8 hours & 43 minute

New Trade Routes Drive India's Eurasian Ambitions

before 10 hours & 34 minute

Deye Redefines Solar Tech at Intersolar 2025

before 11 hour & 16 minute

MBZUAI eröffnet Institut für Grundlagenmodelle und gründet Silicon Valley AI Lab

before 13 hour & 45 minute

Nvidia on AI chip bans, OpenAI gets Jony Ive, and Google's Gemini in cars: Tech news roundup

before 14 hour & 33 minute

Your new sofa could be the first sign tariff inflation is hitting home

before 15 hour & 25 minute

Pivoting From Tax Cuts to Tariffs, Trump Ignores Economic Warning Signs

before 16 hour & 29 minute

Mark Cuban on 6 of his top Shark Tank success stories

before 16 hour & 37 minute

Companies turn to AI to navigate Trump tariff turbulence

before 19 hour & 36 minute