The European Central Bank (ECB) raised it to its highest level since 2008.

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The European Central Bank (ECB) raised it to its highest level since 2008.

Pointing out that the ECB, Governing Council is closely monitoring the current market tensions, it was noted that it will respond as necessary to maintain price, and financial stability in the Euro Area

it was noted that the refinancing rate, was increased to 3.50 percent, the deposit rate to 3 percent, and the marginal funding rate to 3.75%.



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Tags:
The European Central Bank ECB raised it to its highest level since 2008
economic news
golahura
Pointing out that the ECB
Governing Council is closely monitoring the current market tensions
it was noted that it will respond as necessary to maintain price
and financial stability in the Euro Area
it was noted that the refinancing rate
was increased to 3.50 percent
the deposit rate to 3 percent
and the marginal funding rate to 3.75%.