ECB warns of losses as it pays price for decade of money printing

Capt. John

The European Central Bank warned on Tuesday that it might make a loss as high inflation forces it to raise interest rates and foot the bill of a decade of aggressive money printing. Having raised interest rates to fight runaway prices, the ECB must make huge interest payments to commercial banks on...

https://www.hellenicshippingnews.com/ecb-warns-of-losses-as-it-pays-price-for-decade-of-money-printing/

Leave a Comment