LIVE: ECBs 25bps rate hike | Mastercard’s new chairman | Takeshi’s Castle reboot? | Newspresso
In this edition of Newspresso, watch out for these stories; ECB raised interest rates for the 10th time in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy. The central bank for the 20 countries that use the euro lifted its deposit rate to 4% from 3.75%. In other news, Former State Bank of India Chairman Rajnish Kumar was appointed as chairman of Mastercard India. And onto the trends; with re-runs gaining momentum, “Takeshi’s Castle” is making a comeback on Prime Video with YouTuber and actor Bhuvan Bam, replacing the legendary commentary of Jaaved Jaaferi. Watch this edition of Newspresso with Stacy Pereira for the latest news updates across the globe.
