Daily Market Updates: Postponement, but Not Cancellation of ECB Rate Hike

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Postponement, but Not Cancellation of ECB Rate Hike

Reported · Written up by our desk · Major Pairs

At its policy meeting on 29 October, the ECB kept its policy rate, the deposit rate, unchanged at 2.50%, as expected. As a result, the refinancing rate and the marginal lending rate also remain unchanged at 2.65% and 2.90% respectively. Not surprisingly, ECB President Lagarde indicated during her press conference that higher energy prices since […] The post Postponement, but Not Cancellation of ECB Rate Hike appeared first on ActionForex .

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Action ForexPostponement, but Not Cancellation of ECB Rate Hike

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Postponement, but Not Cancellation of ECB Rate Hike

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