The Governing Council of the European Central Bank (ECB) has decided to raise interest rates to 2%.
Euskaraz irakurri: Interest 75 points igo ditu Europako Banku Zentralak, 2009tik mailarik altuenera
The European Central Bank raised interest rates again this Thursday, this time by a further 75 basis points, bringing them to 2%, the highest value since January 2009.
The entity’s Board of Directors has approved the same volume of increase as in July, the third of the year, to bring the price of the euro to levels not seen since January 2009 to address high inflation. suits, which stood at 9.9% in September in the euro area, according to Eurostat data.
In this way, the money price has reached its highest level since January 2009, when the ECB began a trajectory of monetary stimulus that was briefly interrupted in 2011 when it decided to increase the money price again for a few months. .
Despite the risk of a recession, the ECB is carrying out this maneuver, setting the deposit rate at 1.50% and the credit facility rate at 2.25%.
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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.
