EPISODE · Jul 21, 2022 · 47 MIN
ECB goes big with aggressive interest rate hike
from First Move with Julia Chatterley · host CNN Podcasts
The European Central Bank raises interest rates by 0.5%, their first hike in more than a decade. And the ECB's job has just been made harder due to political turmoil in one of its largest nations, Italy, as Prime Minister Mario Draghi resigns. Meanwhile, Russian gas is flowing once again to Europe through the Nord Stream pipeline, but at just a fraction of full capacity. The International Energy Agency is warning of an energy crisis for the continent. Agency head Fatih Birol joins the show to discuss. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices
What this episode covers
The European Central Bank raises interest rates by 0.5%, their first hike in more than a decade. And the ECB's job has just been made harder due to political turmoil in one of its largest nations, Italy, as Prime Minister Mario Draghi resigns. Meanwhile, Russian gas is flowing once again to Europe through the Nord Stream pipeline, but at just a fraction of full capacity. The International Energy Agency is warning of an energy crisis for the continent. Agency head Fatih Birol joins the show to discuss. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices
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ECB goes big with aggressive interest rate hike
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