Considering that the normalisation of its monetary policy has not been achieved when inflation is estimated at 8.5% in the euro area in January, the ECB decided on Thursday 2 February in Frankfurt to raise its three key rates by 0.5%. It announced its intention to do the same at its meeting on Thursday 16 March.
As of 8 February, the interest rates on the main refinancing operations, the marginal lending facility and the deposit facility will be raised to 3.00%, 3.25% and 2.50%...