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Added on the 14/12/2023 15:16:32 - Copyright : AFPTV - First images
European Central Bank President Christine Lagarde announces that ECB European Central Bank left its key interest rates unchanged again. The third consecutive pause since October was widely expected, and leaves the benchmark deposit rate at a record high of four percent. SOUNDBITE
The European Central Bank unleashes another jumbo interest rate hike on the eurozone in an effort to combat record-high inflation, which has soared towards 10 per cent, and bring rising prices under control. The decision has been made despite concerns mounting over a darkening economic outlook. "With this third major policy rate increase in a row" says Christine Lagarde, ECB President, "we have made substantial progress in withdrawing monetary policy accommodation." SOUNDBITE
The U.S. central bank made no changes to interest rates, and signaled there would be fewer increases this year than had previously been expected. Bobbi Rebell reports.
The U.S. central bank said it was "closely monitoring" global economic and financial developments, but maintained an otherwise upbeat view of the U.S. economy. Bobbi Rebell reports.
The U.S. central bank said it was "closely monitoring" global economic and financial developments, but maintained an otherwise upbeat view of the U.S. economy. Bobbi Rebell reports.
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