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Cryptocurrencies: 30029
Markets: 114758
Market Cap: $2,666,559,002,325     
24h Vol: $69,759,287,598
Bitcoin.com 2022-12-22 15:30:17

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than previously expected inflation in Europe ahead. ‘We Have No Choice But
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