Business & FinanceEconomy
13 April 2023, 4:00 pm 1 minute
Reuters exclusively reported that European Central Bank policymakers are converging on a 25 basis point interest rate hike in May, even if other options remain on the table and the debate is not yet settled.
The ECB has raised rates by at least 50 basis points each at six successive meetings — the fastest pace on record — to fight stubbornly high inflation; however, there is now a case for caution.
Topics of Interest: Business & FinanceEconomy
Type: Reuters Best
Sectors: Business & FinanceEconomy & Policy
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story