Banknotes: July to September 2022

€100 banknote
Monetary policy ECB’s first hike since ’11

The Governing Council of the European Central Bank raised its benchmark rate by 50 basis points on July 21, the first time it has increased it since 2011. The ECB policy rate now stands at 0%. The increase was larger than had been generally expected. The ECB and its member central banks also said they were preparing support for member states facing high bond yields, to prevent market fragmentation.

The eurozone’s inflation rate has risen in line with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.