Another hike. The European Central Bank announced on Thursday its 10th consecutive interest rate increase. The move – a bump of 0.25 percentage points – will bring the main rate on deposits to a record 4 percent in an effort to tamp down inflation, which the bank forecasts will reach 5.6 percent in 2023, 3.2 […]
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Daily Memo: European Interest Rates, US-Bahrain Cooperation
Inflation continues to drive monetary policy.
