The European Central Bank raised its deposit rate by 25 basis points to 3.25% on Thursday in line with market expectations. This follows three 50 basis points hikes.
Analysis
European Central Bank Slows Pace of Hikes to 25 Basis Points as It Raises Rates to 3.25%
Oxford Economics Now Expects Two More 25 Basis Point Rises Before Reaching a Peak in July With Cuts Expected in 2024
CoStar Analytics
May 9, 2023 | 1:03 P.M.
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