Skip to main content

ECB increases rates by 75bp for second consecutive time

Governing council tightens TLTRO III rates and lowers reserve remuneration

ECB President Christine Lagarde February 2022
Christine Lagarde

The European Central Bank’s governing council made its second consecutive 75 basis point policy rate hike at its meeting today (October 27).

This is the ECB’s third rate rise since it started normalising policy in July, and brought the deposit rate to 1.5%. It started the cycle at -0.5%.

The policy statement says the governing council intends to “raise interest rates further” in order to bring inflation to the 2% target over the medium term. The ECB stressed “inflation remains far too high and

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

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

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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

.