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Morning Brew
5 mins to read

ECB, BoE, Swiss Bank hike rates; Musk sells more Tesla stock

Musk’s Twitter buy has proven costly, sending Tesla stocks into freefall and knocking him into 2nd place in ‘richest person’ stakes.

ECB President Christine Lagarde.

Dita De Boni Fri, 16 Dec 2022

Welcome to a week out from Christmas weekend and a wrap of what’s been happening in business and politics from around the world while we slept. 

Central banks have done their stuff overnight – the European Central Bank opting for a modest hike – its fourth this year – taking its key rate

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Dita De Boni Fri, 16 Dec 2022
Contact the Writer: dita@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Morning Brew European Central Bank Christine Lagarde US Federal Reserve Bank Bank of England Swiss National Bank industrial action Iran nuclear power Russia-Ukraine war Elon Musk Twitter Tesla Louis Vuitton Moet Hennessy Bernard Arnault LVMH
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ECB, BoE, Swiss Bank hike rates; Musk sells more Tesla stock
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