European Central Banks stick with plan to hike interest rates
![European Central Banks stick with plan to hike interest rates](https://video.newsserve.net/v/20230316/1678991857-European-Central-Banks-stick-with-plan-to-hike_hires.jpg)
European Central Banks stick with plan to hike interest rates
The European Central Bank (ECB) stuck with its plan to hike interest rates by half a percentage point Thursday, judging that inflation poses a bigger immediate threat to the economy than turmoil in the banking sector.