European Central Bank decides to raise interest rate by 0.25% for the first time in 2 years and 9 months
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The European Central Bank held a monetary policy meeting and decided on the 11th to raise interest rates by 0.25%.
The European Central Bank held a monetary policy meeting and decided on the 11th to raise interest rates by 0.25%. This is the first interest rate hike in 2 years and 9 months since September 2023, and the main policy rate, the interest rate on deposits with financial institutions, will be raised from 2% to 2.25%. This appears to be aimed at curbing the further upward movement in prices due to soaring energy prices due to the situation in Iran.
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The Bank of Japan is certain to raise interest rates, but there are concerns about confusion over the reduction in government bond purchases...If the market views the suspension of the reduction as a "condescension" to the Takaichi administration, there is a risk of an extremely weak yen | Politics, Economy, Investment | Toyo Keizai Online
東洋経済
Regional banks' unrealized losses on yen bonds have been put to the test by soaring long-term interest rates...The fate that awaits regional banks that have been slow to cut losses, three creeping risks | Business | Toyo Keizai Online
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