ECB signals first interest rate hike in a decade

clock • 2 min read
ECB signals first interest rate hike in a decade

The European Central Bank (ECB) will be raising key interest rates by 25 basis points at its July monetary policy meeting, marking the first interest rate hike in over a decade.  The ECB said it also expects to raise rates in September by a "larger increment" if the current inflation outlook does not improve. Beyond September, it anticipates that "a gradual but sustained path of further increases in interest rates will be appropriate". "In the meantime, the Governing Council decided to ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login