ECB Holds Key Interest Rate Steady Amid Inflation and Economic Growth Concerns
In a closely watched decision on March 7, 2024, the European Central Bank (ECB) opted to maintain its key interest rate at a record high of 4%.
Read MoreIn a closely watched decision on March 7, 2024, the European Central Bank (ECB) opted to maintain its key interest rate at a record high of 4%.
Read MoreAfter a week dominated by the Labor PMI and culminating with the NFP labor market report from the US, the new week will shift focus towards CPI data from various countries.
Read MoreThe US Dollar's performance this week will be influenced by key economic data, starting with the housing sector and consumer confidence numbers.
Read MoreThe European Central Bank raised its three official interest rates by 75 basis points each, its biggest ever single move in interest rates, and warned of more hikes to come, as it struggles to bring record high inflation back under control
Read MoreThe tightening of monetary policy by the central bank is due to the increase in energy rates to deal with inflation
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