Thursday, 16 March 2023

ECB Delivers 50bps Hike Despite Banking Sector Woes, EURUSD Indecisive

ECB hikes rates by 50bps in a sign that price stability trumps financial stability concerns. Borrowing costs are now at the highest level since late 2008.

from DailyFX - Market News https://ift.tt/T3gb6dO
via IFTTT

No comments:

Post a Comment

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...