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The ECB’s Interest Rate Decision: Evaluating the Impact of the Euro’s Largest Rate Increase

Has the ceiling been reached? The ECB’s interest rate meeting on Thursday afternoon will decide whether interest rates will continue to rise. Since July last year they have gradually increased from zero to 4.25 percent in order to cope with high inflation. Regardless of the current meeting, it is already clear that the largest interest rate increase in the history of the euro has led to major changes. Which ones exactly?

2023-09-15 01:53:40
#percent #feel #interest #rate #shock

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