ECB raises rates 25bp in a unanimous decision
The European Central Bank lifted its benchmark, with the policy committee united.
O
Oneonomy Admin
The ECB raised its benchmark interest rates by 25 basis points in a decision taken unanimously.
What's happening
The move underscores lingering inflation concerns in the euro area.
Unanimity signals committee resolve.
Why it matters
The ECB is signaling it is not done guarding against inflation.
Tags
Central BanksECBEurope