News Formal

ECB likely to hike interest rates again despite market nervousness

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The European Central Bank is unlikely to be swayed from its strategy of raising interest rates despite ongoing nervousness in the global banking sector, senior analysts have said.

The European Central Bank is unlikely to be swayed from its strategy of raising interest rates despite ongoing nervousness in the global banking sector, senior analysts have said.

However, market watchers have warned that the health of the financial sector over the next six weeks will be crucial in determining what happens next when it comes to how expensive borrowing is for banks and consumers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ECB likely to hike interest rates again despite market nervousnessAnalysts predict the bank will continue its efforts to control inflation by raising rates despite global fears about the stability of the sector
Source: businessposthq - 🏆 8. / 71 Read more »