European Central Bank hikes interest rates to highest level in 22 years

The European Central Bank raised interest rates by a quarter of a percentage point Thursday, unmoved by recent data showing a mild recession last winter in the 20 countries that use the euro.

​CNN.com – RSS Channel The European Central Bank raised interest rates by a quarter of a percentage point Thursday, unmoved by recent data showing a mild recession last winter in the 20 countries that use the euro. 

Read More The European Central Bank raised interest rates by a quarter of a percentage point Thursday, unmoved by recent data showing a mild recession last winter in the 20 countries that use the euro. 

 

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