Sign up to save your podcasts
Or
Share ECB hikes interest rates by 0.75% to tackle inflation
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
ECB hikes interest rates by 0.75% to tackle inflation
The European Central Bank has hiked its key interest rate by an unprecedented 0.75 percent, as it tries to tackle the highest inflation in the bloc's history. But the pace of price rises is largely due to energy costs. Craig Erlam, Senior Market Analyst at Oanda, says the policy shift "is not going to be as effective as you would ordinarily see". He says government action – like the UK's newly-announced plans to cap energy bills – will have a bigger impact for most consumers.
View all episodes
By FRANCE 24 English
5
44 ratings
The European Central Bank has hiked its key interest rate by an unprecedented 0.75 percent, as it tries to tackle the highest inflation in the bloc's history. But the pace of price rises is largely due to energy costs. Craig Erlam, Senior Market Analyst at Oanda, says the policy shift "is not going to be as effective as you would ordinarily see". He says government action – like the UK's newly-announced plans to cap energy bills – will have a bigger impact for most consumers.
More shows like Business
View all
Global News Podcast
7,789 Listeners
PBS News Hour - Segments
1,067 Listeners
Business Daily
529 Listeners
World Business Report
297 Listeners
Bloomberg Businessweek
437 Listeners
arts24
4 Listeners
People & Profit
0 Listeners
Access Asia
0 Listeners
Talking Europe
2 Listeners
The 51%
1 Listeners
Fashion
22 Listeners
Big Boss Interview
52 Listeners
Tech 24
4 Listeners
Down to Earth
0 Listeners
CBS Evening News
663 Listeners
The Debate
23 Listeners
Inside the Americas
6 Listeners
Europe Rendezvous
5 Listeners
The World This Week
41 Listeners
Reporters
5 Listeners
FT News Briefing
668 Listeners
CNN 5 Things
1,363 Listeners
Behind the Money
235 Listeners
Focus
4 Listeners
5 Listeners
Banlieue Project
1 Listeners
The Observers
0 Listeners
Press Review
0 Listeners
The Observers Direct
0 Listeners
Bloomberg News Now
84 Listeners
The Global Story
371 Listeners
Stock Movers
24 Listeners
Une semaine dans le monde
48 Listeners