Original version

BBC World Service South Asia

World Business Report

Factual: Money

The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

BBC World Service Australasia

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service News Internet

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

World Business Report: First broadcast 14/09/2023 14:32 GMT : ECB hikes rates up to 4%

Bulletins

ECB hikes rates up to 4%

First broadcast 14/09/2023 14:32 GMT 

First broadcast 14/09/2023 14:32 GMT : ECB hikes rates up to 4%

BBC World Service - World Business Report, ECB hikes rates up to 4%

It's the latest move in a more-than year-long fight against stubbornly high inflation

The latest rates increase from 3.75% to 4% – the highest since the euro was launched in 1999.

The European Central Bank has hiked interest rates by a quarter of a percentage point to 4% today. That's the highest level since the launch of the euro currency in 1999. Officials say interest rates need to go higher in order to tame inflation. 

(Picture: Europe fiat money or euro currency concept : Closeup view of an old / used two euro coin with grooves and scratches. Euro is official currency of eurozone used by central bank and institutions in EU. Picture credit: Getty Images)

Accessibility links

Programme Index

World Business Report

First broadcast 14/09/2023 14:32 GMT : ECB hikes rates up to 4%

Genres

Formats

Brand

BBC World Service South Asia

About BBC World Service