ECB deposit rate holds at 2.5%
ECB deposit rate was 2.5%, matching the 2.5% forecast and above the prior 2.25%.
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12:15:51 PM UTC
SquawkNews
By Chelsey DulaneyThe European Central Bank raised interest rates for the second time this year, with resurgent energy prices sparked by the war in Iran intensifying inflation problems.The central bank lifted its key deposit rate to 2.5% from 2.25%, after holding rates steady at its July meeting. T…
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