ECB says high rates will last longer

September 14, 2023

Central bank determined to beat down inflation even as euro zone growth slows

PUBLISHED : 14 Sep 2023 at 21:04

Christine Lagarde, president of the European Central Bank (ECB), addresses a briefing after the bank’s interest-rate decision on Thursday in Frankfurt. (Photo: Bloomberg)

FRANKFURT – The European Central Bank raised interest rates for the 10th consecutive time as President Christine Lagarde signalled a shift in gear towards keeping them high…