ECB Interest Rates

[tsptalk]

European Central Bank raises rates by another 50 basis points despite market turmoil

Credit Suisse shares tumbled by as much as 30% in Wednesday intraday trade.

The whole banking sector ended Wednesday’s session down by about 7%.

Initial pressures on the banking sector emerged last week, when U.S. authorities deemed Silicon Valley Bank insolvent.

https://www.cnbc.com/2023/03/16/ecb-rate-decision-march-meeting-lagarde-announces-new-rate-hike.html

 

[tsptalk]

ECB approves quarter-point interest rate hikes

The European Central Bank delivered an expected quarter percentage point rate hike on Thursday though it noted that inflation is declining and indicated that it could be nearing an end of hikes.

https://www.cnbc.com/2023/09/13/stock-market-today-live-updates.html