Ultima Markets: 【 Market hotspots 】ECB Increase interest rates to20Annual high, Euro depreciated to five...

European Central BankECBRaise three key interest rates25 bps, from2023year9month20Starting from today, the overnight loan interest rate, major refinancing interest rate, and deposit mechanism interest rate will be raised to4.75%、4.50%and4.00%, creating1999The highest record since the introduction of the Euro.

(newestECBInterest rate,ECB)

ECB stay14The benchmark interest rate will be adjusted from -0.5％ The historical low point has been pushed up to the current level20A record high for many years. Although inflation in the eurozone has cooled,8Yueda5.3%, and7Monthly level, but still far exceeding2%The goal is to. Interest rate hikes have put pressure on the euro, causing it to depreciate to its lowest level in over five months against the US dollar.

(EUR/US YTDChart)

European Central Bank President Lagarde（ChristineLagarde）At a press conference, it was stated that inflation in the eurozone has been hovering at a high level for too long, while core inflation remains too high. Food and energy costs continue to bring upward pressure to prices. She reiterated that the European Central Bank is committed to bringing inflation back to2%The goal is to. Meanwhile, this year's estimated economic growth0.7%Expand next year1%,2025Annual increase1.5%Growth below the previous estimate0.9%1.5%And1.6%.

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