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European Central Bank raised its deposit rate to a historic high of 4.00% from 3.75%, the tenth consecutive increase; unemployment reached a record low of 6.4% as labor shortages have pushed salaries higher
Published: September 14, 2023 by Associated Press
European Central Bank raised its deposit rate to a historic high of 3.75% from 3.50%, the ninth consecutive increase; credit creation, demand for loans and economic activity slowed sharply
Published: July 28, 2023 by Reuters
Gold spot price slips 1.2% to US$1,948.69 per ounce, a two-week low, on strong dollar, rising bond yields, following better-than-expected US economic data and interest rate hikes by US Federal Reserve and European Central Bank
Published: July 27, 2023 by Reuters
Goldman Sachs predicts two additional European Central Bank interest rate hikes in July and September, leading to terminal rate of 4%; interest rate cut expected in Q4 2024, with ECB keeping tightening policy in place for some time
Published: July 06, 2023 by CE Noticias Financieras
Citigroup cuts euro area's 2023 real GDP growth forecast to 0.8% from 1.1%, citing pressures from high interest rate environment as European Central Bank signals further hikes
Published: July 05, 2023 by Reuters

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