Business & Economy

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…

Source MarketWatch Updated 2h 06m ago AI Summary

AI Summary

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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