The ECB raised its key rate by 25 bp. up to 3.75% – Kommersant

The ECB raised its key rate by 25 bp.  up to 3.75% - Kommersant

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The European Central Bank raised key rates by 25 basis points. The key rate was increased to 3.75%, the deposit rate to 3.25%, and on margin loans to 4%.

“In light of continued high inflationary pressures, the Board of Governors today decided to raise three of the ECB’s key interest rates by 25 basis points,” it said in a statement. message regulator.

Yesterday, May 3, the US Federal Reserve System (FRS) raised the key rate by 0.25 percentage points, bringing it to 5-5.25%.

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