ECB to raise interest rates this week
Interest rates are set to rise again this week, with the European Central Bank poised to announce another increase on Thursday, the fourth rise since December.
Interest rates are set to rise again this week, with the European Central Bank poised to announce another increase on Thursday, the fourth rise since December. Market analysts believe that the ECB will announce a 0.25 point increase, bringing its base rate to 3 per cent.
Most now anticipate further rises in the second half of the year, possibly leaving rates at 3.5 per cent in December.
News of the latest ECB rate rise follows CSO figures last...
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