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Added on the 17/03/2022 08:15:48 - Copyright : France 24 EN
The European Central Bank has slowed the pace of its interest rate increases, stepping back like the US Federal Reserve from a string of jumbo hikes aimed at snuffing out inflation.
The eurozone's central bank intends to make spending more expensive in order to bring down prices.
The war in Ukraine has shaken the global economy and threatened food supplies and livelihoods of people across the world. Egypt's Central Bank raised its key interest rate Monday for the first time since 2017, citing inflationary pressures triggered by Russia's war in Ukraine, which hiked oil prices to new records, as RFI correspondent in Cairo, Alexandre Buccianti reports.
As the Bank of England hikes interest rates to keep prices in check, the UK's inflation rate remains worse than the EU's. Here's why.
One year after Russia launched its full-scale invasion of Ukraine, the United Nations Population Fund (UNFPA) highlights the devastating impact of the war on women and girls.
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