ECB Hikes Key Interest Rates Following June Policy Meeting | June 15, 2023

In the wake of the June policy meeting, the European Central Bank (ECB) has raised key interest rates by 25 basis points. As a result of this adjustment, the interest rate for main refinancing operations will now stand at 4%, while the rates for the marginal lending facility and the deposit facility will increase to 4.25% and 3.5% respectively. #ECB #CentralBank #MarketUpdate