ECB Leaves Rates Unchanged as Expected, Intends to Raise in July and September

ECB left rates unchanged as expected in June calling for an end to asset purchases. ECB Intends to raise key interest rates by 25 bps at July meeting. Looking further ahead, ECB expects to raise rates again in September. The bank left deposit facility interest rates at -.50% and held steady rates on the main refinancing operations and on the marginal lending facility unchanged. ECB Monetary Policy Decision 9 June 2022 Deposit facility rate -0.50% Main refinancing rate 0.00% Marginal … Continue reading ECB Leaves Rates Unchanged as Expected, Intends to Raise in July and September