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| Name | European Central Bank raises interest rates by 50 basis points |
| Video Uploader | Video From SABC News |
| Upload Date | This Video Uploaded At 21-07-2022 18:20:11 |
| Video Discription | The European Central Bank has announced its first interest rate hike in more than a decade. The Frankfurt-based institution is raising rates by 50 basis points, a bigger increase than previously planned. Inflation in the Eurozone, across the 19 countries which use the Euro currency, stands at more than 8-percent, well above the bank's 2% target. SABC News Correspondent Rosie Birchard is in Brussels. For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms. |
| Category | News & Politics |
| Tags | SABC News | actuality | world news | local news |
