Central Banks

EU Central Bank Set to Outdo U.S. Fed with Interest Rate Hike

FRANKFURT, Germany (AP) – The European Central Bank is set for another large interest rate increase to fight painfully high inflation even after the U.S. Federal Reserve slowed its pace, a divergence that underlines Europe’s later start and could speed the euro’s rebound from recent lows against the dollar.

ECB Euro Sculpture Sign In Wintry Weather