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ECB Raises Rate by 25 Basis Points but Leaves Door Open to Pause or Hike Again

The Bank’s Next Move Will Depend on Data, but Pricing Reflects That the End of This Hiking Cycle Is Near
CoStar Analytics
July 28, 2023 | 10:53 AM

The European Central Bank raised its deposit rate on Thursday by 25 basis points to 3.75%, in line with market expectations.

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News | ECB Raises Rate by 25 Basis Points but Leaves Door Open to Pause or Hike Again