ECB willing to hike rates further, say minutes

ECB - JULY 2018 - Getty - web.jpg

The European Central Bank’s governing council is open to increasing interest rates further to safeguard price stability, say minutes of the October monetary meeting published on November 23.

On October 26, the ECB maintained interest rates unchanged at 4%. The decision followed 10 consecutive rate increases starting in July 2022, when the key deposit rate stood at -0.5%.

Headline inflation peaked in the eurozone at 10.6% in October 2022. Over the past year it has fallen rapidly to 2.9% last

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

.