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Eshe Nelson and Melissa Eddy
Posts
Stocks and Mexican Peso Slump as Trump Tariffs Take Effect
German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
European Central Bank Raises Rates Again
Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
E.C.B. Raises Interest Rates to Tame Inflation
The rise of three-quarters of a point, matching the central bank’s largest-ever increase, comes as a ‘substantial slowdown’ in the eurozone economy is expected ahead…
The E.C.B. acts aggressively to tame rising prices.
The increase reflects concerns of a ‘substantial slowdown’ ahead, driven by inflation remains too high as Europe heads into winter facing an energy crisis.