RTÉ News
UK · 1 hrs ago
✦ 78✓ Factual
Households face higher costs as ECB set to raise rates
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Quality 78/100
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Low partisan intensity — consistent with factual reporting✓ Fair headline
The European Central Bank is expected to raise its interest rate by 0.25 percentage points to 2.25%, a decision likely to increase borrowing costs for households across Europe.
Households face higher costs as ECB set to raise rates
European Central Bank President Christine Lagarde is widely expected on Thursday to announce a 0.25% rise in the ECB's interest rate, bringing it up to 2.25%.
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