Inflation Concerns and Central Bank Decisions: ECB Keeps Rates Stable, BoE and Swiss Central Bank Follow Suit
The ECB also decided to keep the cost of money stable after a similar decision by the Fed yesterday evening. The rate on main refinancing remains unchanged at 4.50%, that on deposits at 4%, and that on marginal loans at 4.75%. . It is the second consecutive pause in the cycle of increases that began … Read more