European Central Bank Raises Rates for a 10th Time In its battle to control inflation, the bank raised its key interest rate to the highest level on record. Author: Eshe Nelson Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to email a link to a friend (Opens in new window)Click to print (Opens in new window)MoreClick to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Tumblr (Opens in new window)