Frankfurt, 31/08/2000 (Agence Europe) - As expected, the European Central Bank decided on 31 August to raise its key interest rates given the acceleration of the inflation rate in the euro zone during the past months. As foreseen by most analysts, the ECB, which had already raised its rates on 8 June this year, increased its key rates by 0.25% as follows:
- The minimum bid rate on the main refinancing operation so the Eurosystem rises from 4.25% to 4.50%.
- The interest rate on the deposit...