ECB raises interest rates by 50 basis points

by Aurelia Butler 15 December 2022, 12:19 119 Views

Investing.com — The European Central Bank raised interest rates by 50 basis points as expected on Thursday, and signalled plans to raise them further.

The ECB’s deposit rate now stands at 2%, while the borrowing cost for its main refinancing operations and marginal lending facility moved up to 2.50% and 2.75%, respectively.

Source: Economy - investing.com

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ECB raises interest rates by 50 basis points

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