The European Central Bank raised interest rates by 50 basis points less than two months ago. Now, at the turn of the year, the Central Bank will analyze the impact of said increase and assess the possibility of reapplying it.
Euskaraz irakurri: Europako Banku Zentralak interes-tasen oinarrizko puntuak berriro igotzea aztertuko du
The European Central Bank will decide this Thursday will interest rates rise again?and if so, to what extent.
On July 21, the ECB decided to raise interest rates by 50 basis points, the first increase since the same month in 2011.
As explained by President Christine Lagarde, such an increase would help achieve the European goal of: 2% inflation in the medium term.
After less than two months, on the return of the working year, the Central Bank will analyze the impact of the historic increase in July, and will assess the possibility of increasing the points again.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
