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ECB raises key rates by 25 bps in September monetary policy meeting

Prior decisionMain refinancing rate 4.50% vs 4.25% expectedPrior 4.25%Deposit facility rate 4.00% vs 3.75% expectedPrior 3.75%Marginal lending facility 4.75%Prior 4.50%Inflation continues to decline but is still expected to remain too high for too longPast rate hikes continue to be transmitted forcefullyFinancing conditions have tightened further and are increasingly dampening demandECB considers that key rates have reached levels that, maintained for a sufficiently long duration, will make a su... Read More

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Raises

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September

Monetary

Policy

Meeting

Forex

Posted: Sep 14 2023, 12:15

Author Name: forexlive

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