The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.
A video is being shared on social media which allegedly shows Christine Lagarde, president of the European Central Bank, calling for the abolition of cash in order to reduce our carbon footprint.
Credit: euronews (in English) Duration: 01:56Published
Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further.
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Russia's central bank raised its interest rate by a full percentage point on Friday as government military spending in its invasion of Ukraine strains the economy.
Credit: euronews (in English) Duration: 01:11Published
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