politics
European Central Bank raises interest rates ahead of Federal Reserve meeting next week
Why this matters: political developments that affect policy direction and public trust.
The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday ahead of Kevin Warsh’s first Federal Open Market Committee (FOMC) meeting as chair of the Federal Reserve next week. “The war in the Middle East is generating inflation pressures and the decision to raise rates is r
Read full story on The Hill → More top storiesAlso covered by
Yahoo Finance
Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week
MarketWatch
The big question: Why is the European Central Bank hiking rates when the Fed is not?
Financial Times
ECB raises interest rates by quarter point to 2.25%
The Guardian
ECB raises eurozone interest rates as Iran war stokes inflation
Aggregated and edited by the Scoop newsroom. We surface news from The Hill alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop