The European Central Bank hiked its interest rate benchmark by half a percentage point on Thursday, despite fears that market turmoil caused by embattled lender Credit Suisse could spark a wider financial meltdown.
ECB hikes rates amid new US banking turmoil
The European Central Bank hiked its interest rate benchmark by half a percentage point on Thursday, despite fears that market turmoil caused by embattled lender Credit Suisse could spark a wider financial meltdown.