European Central Bank meeting —

At its 14 September 2023 meeting, the European Central Bank raised its policy rate from 3.75% to 4.00%.

Decision

hike — 3.75% to 4.00%

Key passages

Inflation continues to decline but is still expected to remain too high for too long.

Justifies the hike and hawkish stance; inflation still problematic.

the Governing Council today decided to raise the three key ECB interest rates by 25 basis points.

Confirms the rate hike, the main policy action.

Meeting documents

Background reading

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