European Central Bank meeting —
At its 27 October 2022 meeting, the European Central Bank raised its policy rate from 0.75% to 1.50%.
Decision
hike — 0.75% to 1.50%
Key passages
The Governing Council today decided to raise the three key ECB interest rates by 75 basis points.
The Governing Council took today’s decision, and expects to raise interest rates further, to ensure the timely return of inflation to its 2% medium-term inflation target.
Meeting documents
Background reading
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