ECB pushes through 50 bps rate hike despite market turmoil
Edited By WION Video Desk
Published: Mar 16, 2023, 04:00 IST | Updated: Mar 16, 2023, 04:00 IST
The Credit Suisse turmoil resulted in torrid sessions in Europe and the United States overnight. The European Central Bank raised its three policy rates by 50 basis points in its sixth consecutive rate hike and said future moves will depend on incoming data.
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