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The European Central Bank Raises Interest Rates Again

IranGate
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The European Central Bank Raises Interest Rates Again

The European Central Bank has once again increased interest rates.

The European Central Bank has once again raised interest rates and has warned that it may apply further increases in the future.

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The European Central Bank has once again increased interest rates.English

With this increase, the current interest rate has reached three and a half percent.

This is the highest interest rate in over two decades.

Christine Lagarde, the head of the European Central Bank, has stated that the inflation rate is still high and that an increase in interest rates is very likely in the coming month.

Yesterday, the Federal Reserve did not make any changes to interest rates for the first time in over a year.

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