Europe

Inflation drops to a two-year low in Europe

Annual rate pegged at 4.3% this month, a drop from 5.2% in August

September 29, 2023

3 min read

Interest rates will stay high ‘as long as necessary,’ ECB leader says

The ECB this month raised its benchmark deposit rate to an all-time high of 4%

September 25, 2023

3 min read

BoE joins Fed in keeping interest rates unchanged after inflation declines

The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%

By Pan Pylas, The Associated Press |September 21, 2023

3 min read

Europe’s central bank hikes interest rates again even as threat of recession grows

Decision raises benchmark deposit rate to 4%, highest since the euro was established in 1999

September 14, 2023

3 min read