Skip to content

ECB Hikes Main Policy Rate by 25bps to 1.50%

July 10, 2011

The ECB announced a 25bps hike in the main refinancing rate to 1.50% as was widely expected, the second rate hike of this year, which brings the main policy rate to the highest level since Mar’09. The interest rate corridor was left at +/- 75bps, which means symmetrical 25bps increases in the deposit and marginal lending rates to 0.75% and 2.25% respectively.


Technorati Tags: ,,
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: