On March 16, European Central Bank President Lagarde attended a press conference at the headquarters of the European Central Bank in Frankfurt, Germany. The European Central Bank held a monetary policy meeting on the 16th and decided to raise the three key interest rates in the euro area by 50 basis points, in line with the expectations of most institutions and investors. Xinhua News Agency (photo provided by the European Central Bank) On March 16, President Lagarde of the European Central Bank attended a press conference at the headquarters of the European Central Bank in Frankfurt, Germany. The European Central Bank held a monetary policy meeting on the 16th and decided to raise the three key interest rates in the euro area by 50 basis points, in line with the expectations of most institutions and investors. Xinhua News Agency (Photo courtesy of the European Central Bank) (Outlook New Era)