The European Central Bank kept its three key interest rates unchanged and suspended interest rate increases for the first time since July 2022.
By:Cointime
European Central Bank kept its main refinancing rate unchanged at 4.50%, its deposit facility rate unchanged at 4.00%, and its marginal lending rate unchanged at 4.75%. This is the first time since July 2022 that the ECB has paused its rate hikes, after previously raising rates by a total of 450 basis points.
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