ECB hikes 50bps, expects to raise rates further

[PocketOption]

ECB hikes 50bps, expects to raise rates further

ECB raises the three key interest rates by 50bps today as expected. The main refinancing, marginal lending, and deposit rates are 2.50%, 2.75% and 2.00% respectively. The Governing Council expects to “raise them further” based on “substantial upward revision to the inflation outlook”. Also ECB noted that “keeping interest rates at restrictive levels will over […]

The post ECB hikes 50bps, expects to raise rates further appeared first on Action Forex.

Source: ECB hikes 50bps, expects to raise rates further