: ECB set to continue rate-hike campaign on Thursday

by | May 3, 2023 | Stock Market

The European Central Bank is not about to stop hiking interest rates now. The latest data from Eurostat showed inflation running at a 7% year-over-year clip in April — roughly what the market expected, but a modest acceleration from March. Core inflation — which excludes food, energy, alcohol and tobacco — ticked down a tenth to 5.6% from 5.7%. “Over…

Article Attribution | Read More at Article Source

Share This