{"id":1770,"date":"2023-05-04T15:41:44","date_gmt":"2023-05-04T13:41:44","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=1770"},"modified":"2023-05-04T15:41:44","modified_gmt":"2023-05-04T13:41:44","slug":"european-central-bank-raises-interest-rates-by-25-bps","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=1770","title":{"rendered":"European Central Bank raises interest rates by 25 bps"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">European Central Bank hikes interest rates by 0.25% to 3.75%, the highest level since 2008.<\/p>\n<p>This ECB increase represents the seventh rate increase introduced in less than a year in an effort to drive down sticky inflation. Accumulatively, the ECB has raised interest rates by 3.75% since last summer.<\/p>\n<p>&#8220;The past rate increases are being transmitted forcefully to euro area financing and monetary conditions, while the lags and strength of transmission to the real economy remain uncertain,&#8221; said the regulator.<\/p>\n<p>Underlying inflation across the eurozone eased slightly for the first time in 10 months, which led to some analysts backing the case for ECB to slow the most aggressive interest-rate hiking campaign in its history.<\/p>\n<p>At least two more interest rate hikes are expected this year while inflation remains sticky.<\/p><\/div>\n<\/div>\n<div class=\"postie-attachments\"><a href=\"https:\/\/www.dhcab.com\/?attachment_id=1771\"><img decoding=\"async\" src=\"https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/05\/IMG_20230504_172803_472-300x171.jpg\" alt=\"\" width=\"300px\" height=\"171px\" class=\"alignnone size-medium wp-image-1771\" srcset=\"https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/05\/IMG_20230504_172803_472-300x171.jpg 300w, https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/05\/IMG_20230504_172803_472.jpg 768w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>European Central Bank hikes interest rates by 0.25% to 3.75%, the highest level since 2008. This ECB increase represents the seventh rate increase introduced in less than a year in an effort to drive down sticky inflation. Accumulatively, the ECB has raised interest rates by 3.75% since last summer. &#8220;The past rate increases are being [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-1770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1770"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/1771"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}