Daily Market Updates: ECB Holds Rates as Energy Risks Mount, Lagarde Announces Early Departure

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ECB Holds Rates as Energy Risks Mount, Lagarde Announces Early Departure

Reported · Written up by our desk · Major Pairs

The ECB left its three key interest rates unchanged, keeping the deposit facility rate at 2.50%, the main refinancing rate at 2.65%, and the marginal lending rate at 2.90%. The Governing Council warned that the energy shock has become larger and more prolonged, posing increasing upside risks to inflation and downside risks to growth. Higher […] The post ECB Holds Rates as Energy Risks Mount, Lagarde Announces Early Departure appeared first on ActionForex .

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Action ForexECB Holds Rates as Energy Risks Mount, Lagarde Announces Early Departure

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ECB Holds Rates as Energy Risks Mount, Lagarde Announces Early Departure

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