ILLUMINATION
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ILLUMINATION

European Central Bank: Further rise in interest rates

Reasons and consequences

After a hike in interest rates by 50 basis points in July, the European Central Bank continues its economic policy with a further increase of 75 points. In this way, after eleven years in which rates had remained stable at zero, from this week onwards the European interest rates will reach 1.25%.

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Annalisa Vibio

Annalisa Vibio

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Hi 🙋‍♀️ I am an university student of Economics 📚 interest in geopolitics, journalism ✒ and creative writing, willing to share my everyday experiences 📖