Sector Update: Health Care-April 2024-www.financetom.com

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Sector Update: Health Care

Mar 21, 2024 8:36 PM

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ECB raises rates by unprecedented 75 basis points

Sep 8, 2022

The European Central Bank raised interest rates by an unprecedented 75 basis points on Thursday to tame runaway inflation, even as a recession is now increasingly likely as the bloc has lost access to vital Russian natural gas.

Standard Chartered says Russia-Ukraine conflict can cause recession in Europe

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The world is in the grip of several problems simultaneously attacking both the global economy and the financial markets. In an exclusive interview to CNBC-TV18, Jose Vinals, Chairman of Standard Chartered believes that implications of Russia-Ukraine crisis can lead Europe into recession.

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In Index-linked gilts, the payouts to bondholders are benchmarked in line with the country's retail price index. This is the second expansion in many days after it increased the limit for its daily gilt purchases on Monday.

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