Thu 16 Mar 2023 5:09 pm - Jerusalem Time
The European Central Bank raises interest rates by 0.5 points
Thursday , the European Central Bank adhered to the decision to raise the planned interest rate, with its focus on combating high inflation, despite the market turmoil due to fears of a widening banking crisis.
The Bank raised key interest rates by half a percentage point, as it had previously pledged. However, he abandoned the use of a reference that was approved in previous statements related to the need to raise prices "significantly" in the future.