Hopefully your body will heal with time. Stay strong friend.
ECB explains its anti-inflation plan
From RT
The central bank has raised interest rates from minus 0.5% to 3.75% over the past year to slow price growth Interest rates in the EU will be kept high “as long as necessary” in order to combat persistently high inflation, European Central Bank (ECB) President Christine Lagarde said on Friday in a speech at an […]
Aug 26th 2023 6:00am EDT
Source Link: https://www.rt.com/business/581867-ecb-high-rates-inflation/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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Once again the pointy shoes proving they don't understand inflation. Rising interest rates will cause DEMAND destruction but demand wasn't the problem to begin with. Supply is.