Stories for April 15th 2022

Friday, April 15th 2022 - 09:44 UTC
European central bank will raise interest rates after ending assets' purchasing program

The European Central Bank Governing Council said on Thursday that in the current conditions of high uncertainty it will maintain “gradualism and flexibility” as the guidelines for its monetary policy anticipating that the assets purchase program will be concluded by the third quarter.
Friday, April 15th 2022 - 09:28 UTC
“Inflation pandemic” displaces Covid-19 in leading countries

United Kingdom inflation accelerated to 7% in the 12 months through March, the highest annual rate since March 1992, the Office for National Statistics said. A day before the United States US Labor Department said that its consumer price index jumped 8.5% last month.
Friday, April 15th 2022 - 09:23 UTC
Gibraltar reduces duties on fuel until July first, to help consumers

Given the increased cost of automotive diesel and petrol, the Government of Gibraltar is taking action to reduce the price of fuel to help consumers.

European central bank will raise interest rates after ending assets' purchasing program