Europe's central bank hikes interest rates by 50 basis points despite bank chaos

Europe's central bank hikes interest rates by 50 basis points despite bank chaos

Upworthy

Published

The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as U.S. bank collapses and troubles at Credit Suisse feed fears about the impact of higher rates on the global banking system. The ECB hiked rates by half a…

#europeancentralbank #ecb #christinelagarde #siliconvalleybank #deutschebank #bnpparibas #societegeneral #usfed #usfederalreserve #jeromepowell

Full Article