ECONOMY - FINANCE - BUSINESS / Ecb

Christine Lagarde announces a 25bp rise in three key interest rates, with a further increase likely in July

Brussels, 15/06/2023 (Agence Europe)

At its monetary policy meeting in Frankfurt on Thursday 15 June, the Governing Council of the European Central Bank (ECB) decided to raise the ECB’s three key interest rates by 25 basis points. ECB President Christine Lagarde said that while inflationary pressures had eased, projections indicated that inflation rates could remain too high for too long.

On 21 June, the interest rates on the main refinancing operations will therefore be raised to 4%, the rates on the marginal lending...