European Central Bank will raise interest rates in July for first time in 11 years


global economy worthy christian news(Worthy News) – The European Central Bank will raise interest rates in July for the first time in 11 years, followed by another hike in September.

The move will see it follow other central banks in the shift from supporting pandemic economies to fighting rapidly-rising inflation.

The Bank of England has approved four rate increases since December and the US Federal Reserve raised its rate by a half-point in May. [ Source: Sky News (Read More…) ]

12
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Latest Worthy News

Israel Marks 1,000 Days Since October 7 Massacre With Protests, Memorials, and Demands for Accountability
Trump Administration Moves To Shield Farmers And Ranchers From ‘Weaponized’ Lawfare
Venezuela Mourns Quake Victims As Hope Of Finding Survivors Fades; Christians In Area
Scientists Move Closer To Creating ‘Life From Scratch’ With Synthetic Cell Breakthrough
Russian Strikes Kill At Least 17 In Kyiv As Zelenskyy Cuts Ireland Visit Short
Hungary Faces European Scrutiny Over Bid To Remove President
Catholic Church In Crisis As Breakaway Group Defies Pope (Worthy News In-Depth)
South Africa Deploys Thousands of Police as Anti-Illegal Immigration Protests Turn Violent
New Shiloh Discoveries Stir Excitement Over Possible Tabernacle Site Linked to Ark of the Covenant
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News