ECB raises rates for first time since 2023
From June 17, the deposit facility rate rises to 2.25 per cent, the main refinancing rate to 2.40 per cent and the marginal lending rate to 2.65 per cent.
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Popular articles tagged "inflation"
Norway lifts key rate to 4.25 per cent as Middle East war stokes inflation
In a statement on Thursday, Norges Bank governor Ida Wolden Bache said: "Inflation is too high and has run above target for several years."
Low salaries, nuclear energy prices keep French inflation lowest in Europe
Inflation in France remains strikingly low compared with the rest of Europe, according to official data released January 6.
Austrian Government to outlaw ‘shrinkflation’ but inflation stays high
The Austrian government said it will introduce measures to curb so-called "shrinkflation".
Eurozone’s third-straight inflation rise ‘reveals faltering economy’
Eurozone inflation has hit 2.4 per cent on an annual basis in its third straight increase.
It is not Russia or greedy industry, it is the ECB that is driving inflation
With inflation stubbornly sitting above the target set by the European Central Bank (ECB), there seems to be no end in sight for the cost-of-living crisis.
Italians ‘prepared to strike’ over soaring cost of pasta
Profiteering pasta producers and war in Ukraine blamed for price spikes impacting Italian appetites