ECB interest rates are set to rise

Published: July 21, 2022, 7:15 a.m.

b'The European Central Bank\\u2019s governing council will consider raising interest rates by as much as half a percentage point when it meets later this morning. \\n\\nThe bank is trying to contend with record inflation and big increases in borrowing costs across much of the world over the past several months. \\n\\nSpeaking to Newstalk Breakfast this morning was John Fitzgerald Adjunct Professor in Economics at Trinty College Dublin.'