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interest rates

Italy voices anger at ECB interest rate hikes

Italian Prime Minister Giorgia Meloni has criticized the European Central Bank over repeatedly hiking interest rates to combat inflation, saying the “cure" may be...

ECB set to hike rates again, but the peak is in sight

The European Central Bank is set to raise interest rates to their highest level in over 20 years on Thursday, even though the eurozone...

Romania to hold rates with inflation set to ease

Romania will probably refrain from raising interest rates further as the central bank expects price growth to ease in the coming months, Bloomberg reports.  Policymakers...

Hungary leads east EU economic slide amid war in Ukraine

Soaring inflation, higher interest rates and supply-chain snarls spurred by the war in Ukraine probably pushed most of the European Union’s biggest eastern economies...

ECB to continue raising rates even as economy suffers

The European Central Bank will continue to raise borrowing costs even as the eurozone economy suffers because letting inflation stay high would be even...

ECB makes major new interest rate hike, in bid to combat inflation

The European Central Bank raised interest rates by 75 basis points and signaled further tightening ahead as it fights record inflation that is rapidly...

Central banks raise rates again as Fed drives global inflation fight

A host of central banks from across the world raised interest rates again on Thursday, following the U.S. Federal Reserve in a global fight...