ECB Still See Inflation, Decides to Raise Rates by 50 Basis Points
Posted on 03/16/2023
The European Central Bank (ECB) decided to increase the three key ECB interest rates by 50 basis points, in line with its determination to ensure the timely return of inflation to the 2% medium-term target. According to the ECB press release, “The elevated level of uncertainty reinforces the importance of a data-dependent approach to the…
