ECB and Fed Hike Rates by 0.25% – 27 July 2023
Less than 24 hours following the US Federal Reserve’s decision to raise interest rates by 0.25% to 5.50%, the European Central Bank also hiked its rate by 0.25%, to 4.25%.
Less than 24 hours following the US Federal Reserve’s decision to raise interest rates by 0.25% to 5.50%, the European Central Bank also hiked its rate by 0.25%, to 4.25%.
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