European Central Bank Ends Record Run of Rate Hikes

European Central Bank Ends Record Run of Rate Hikes

Upworthy

Published

FRANKFURT—The European Central Bank held interest rates steady, ending a historic run of 10 consecutive rate increases as Europe’s currency union teeters on the brink of recession and uncertainty around the global economy rises. The ECB said Thursday that it would hold its deposit rate at 4%, a…

#europeancentralbank #ecb

Full Article