ECB raises rates, stock markets collapse. Lagarde with the falcons: “It’s not over”
The ECB turns off the taps and the markets sink. After the Fed, the Eurotower Governing Council also decided to increase the reference rate by 50 basis points, thus raising it to 2.50%, in an attempt to curb inflation which remains high throughout Europe. But what created tension on the markets was above all the … Read more