European Central Bank meeting —
At its 8 September 2022 meeting, the European Central Bank raised its policy rate from 0.00% to 0.75%.
Decision
hike — 0.00% to 0.75%
Key passages
The Governing Council today decided to raise the three key ECB interest rates by 75 basis points.
This major step frontloads the transition from the prevailing highly accommodative level of policy rates towards levels that will ensure the timely return of inflation to the ECB’s 2% medium-term target.
Meeting documents
Background reading
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