European Central Bank (ECB) Announces Its Rate Increase Decision: 75 Base Points

The European Central Bank (ECB) increased interest rates by 75 basis points as part of its anti-inflationary policies.

European Central Bank September 8, 2022 In his statement on 75 bases by increasing points 1.25 pulled to the level. After the Covid-19 pandemic disrupted supply chains and your social benefits caused by high inflation It affected Europe as well as the rest of the world. President of the European Central Bank Christine Lagardeat the last meeting the fight against inflation stated that it is on their top priority agenda. However Ukraine and Russia caused by the ongoing war between energy and wheat crisis. It is known that it prevents Europe from going to rate hikes as definitively as the USA.

Experts will see Europe in one over the next 2 years. gas crisis and energy expenditures $2 trillion will increase stating that Europe social assistance policies that they may need to reactivate can limit the effects states.

crypto analysts, your social benefits The influx of crypto markets, as in the Covid-19 pandemic, possible but that an energy crisis is for Europe-based miners. it will never be good states.

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