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  • Writer's pictureClarelis

1st increase in ECB rates in 11 years

The European Central Bank (#ECB) raised its three key interest rates by 50 basis points, a first in over 11 years.

The interest rates for the main refinancing operations, the marginal lending facility and the deposit facility were raised to 0.50%, 0.75% and 0.00% respectively.

What consequences for the French?


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