European Central Bank raises interest rates to 3.25%
- Farrell & Farrell
- May 4, 2023
- 1 min read
The European Central Bank (ECB) has raised interest rates again to maintain its battle against inflation but eased the pace of increase.
The main policy rate was hiked by 0.25% to 3.25% by the euro area central bank's governing council, making borrowing more expensive.
Comments