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BBC UK

Eurozone interest rates raised to all-time high

BBC UK
Summary
Nutrition label

76% Informative

European Central Bank raises key rate to 4% from 3.75% for 10th time in a row.

Latest increase came after forecasts predicted inflation would be 5.6% on average in 2023 .

But the ECB signalled that Thursday 's hike could be the last for now.

Central banks have been increasing interest rates in an attempt to slow rising prices.

VR Score

89

Informative language

96

Neutral language

31

Article tone

informal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links