scorecardresearchECB Is Looking More Closely at a Half-Point Hike This Week

ECB Is Looking More Closely at a Half-Point Hike This Week

Updated: 19 Jul 2022, 01:42 PM IST
TL;DR.
The European Central Bank may consider raising interest rates on Thursday by double the quarter-point it outlined just last month because of the worsening inflation backdrop, according to people familiar with the situation.
The Euro sculpture stands in front of the former European Central Bank in Frankfurt, Germany, Wednesday, July 13, 2022. The euro on Tuesday fell to parity with the dollar for the first time in nearly 20 years. (AP Photo/Michael Probst)

The Euro sculpture stands in front of the former European Central Bank in Frankfurt, Germany, Wednesday, July 13, 2022. The euro on Tuesday fell to parity with the dollar for the first time in nearly 20 years. (AP Photo/Michael Probst)