Skip to content
Markets
Economics

ECB to Finally Join Global Rate-Hike Club: Decision Guide

  • Record inflation to bring first increase in more than a decade
  • Investors also eager for details of new crisis-fighting tool
Christine Lagarde 

Christine Lagarde 

Photographer: Peter Boer/Bloomberg
Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The European Central Bank is about to raise interest rates for the first time in 11 years, joining peers around the world in confronting a historic spike in inflation after months of standing on the sidelines.