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ECB Becomes First Major Central Bank to Raise Rates

· 1h · on MSN

Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week

The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war as policymakers around the world including new U.S. Federal Reserve Chair Kevin Warsh wrestle with how to confront the inflation fed by sharply higher oil prices.

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· 7h · on MSN

Markets are pricing in a rate hike by the European Central Bank — which one top economist sees as a 'mistake in the making'

European Central Bank raises interest rates by a quarter-percentage point to combat inflation from the Iran war

3h

Turkey’s Central Bank Holds Rates Amid Elevated Energy Prices

The bank held interest rates for a third-straight meeting, citing high energy prices due to the conflict in the Middle East ...

3h

Turkey central bank leaves key rate steady, monitoring conflict impact

Turkey's central bank left its key interest rate at 37% on Thursday, as expected, holding steady for a third consecutive ...

Russian Central Bank chief Elvira Nabiullina misses Putin’s interest rate meeting — and hasn’t been seen in public for a week

Vladimir Putin met with senior ministers to discuss economic issues, including declining inflation and a possible cut in the ...

1d

Sri Lankan Rupee Surges 2% on Central Bank Measure to Support FX

The Sri Lankan rupee surged more than 2% after the central bank cut the period for converting export proceeds into the local ...

4h

China’s central bank head says country a haven for asset diversification in volatile world

Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working.

11h

Bank of Mexico says financial system is solid, warns of geopolitical and climate risks

Mexico's financial system remains resilient and solid with the capacity to confront adverse scenarios, the central bank said ...

23h

Bank of Canada Holds Interest Rates Steady as Officials Grapple With Policy Dilemma

The Bank of Canada left its policy rate unchanged at 2.25%, with Gov. Tiff Macklem saying this marked the best approach to ...

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