MarketWatch
US · 1 hrs ago
✦ 78◉ Centre
The big question: Why is the European Central Bank hiking rates when the Fed is not?
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Quality 78/100
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◉ Centre ✓ Fair headline
The European Central Bank raised interest rates for the first time since 2023, taking a different policy approach than the US Federal Reserve, which has not raised rates in response to current economic supply shocks.
The big question: Why is the European Central Bank hiking rates when the Fed is not?
The European Central Bank, in hiking interest rates on Thursday for the first time since 2023, is making a choice the Federal Reserve is not: to increase rates into a supply shock.
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