Gavin Grey: UK correspondent on the European Central Bank hiking interest rates
Heather du Plessis-Allan Drive · Newstalk ZB
September 15, 20233m 7s
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Show Notes
The European Central Bank has raised interest rates for the 10th meeting in a row to counter stubborn inflation but signalled it is likely done tightening policy.
The central bank for the 20 countries that use the euro lifted its deposit rate to 4.0 per cent from 3.75 per cent, taking it to an all-time-high.
UK correspondent Gavin Grey joins Heather du Plessis-Allan to talk about it.
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Topics
EuroEuropebusiness