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ecb.europa.eu | Monetary policy decisions
The Governing Council is determined to ensure that inflation returns to its 2% medium-term target in a timely manner. It therefore today decided to raise the three key ECB interest rates by 25 basis points. [...] The Governing Council also decided to set the remuneration of minimum reserves at 0%.
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The Governing Council decided to raise the three key ECB interest rates by 25 basis points. Accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 4.25%, 4.50% and 3.75% respectively, with effect from 2 August 2023....
Christine Lagarde, President of the ECB, Luis de Guindos [!], Vice-President of the ECB, press Q&A
[Q:] Does the absence of guidance for September mean the Governing Council is equally open to another hike, to a pause or even to the conclusion that rates have already reached their peak? That would be the first. And the second one - I am wondering how much of your decision on lowering the remuneration of minimum reserves was driven by concerns over central bank losses.....
reuters | Credit Suisse inquiry will keep files secret for 50 years, 15 July
A parliamentary investigation has triggered concern
reuters | Swiss investor group lawsuit to seek compensation over UBS-Credit Suisse deal, 17 July
"Due to the large number of inquiries, the Swiss Association for the Protection of Investors (SASV) has decided to coordinate a lawsuit under Art. 105 of the Merger Act"
archived Sun Mar 19th 2023, de Guindos album
by Cat on Thu Jul 27th, 2023 at 10:48:57 PM EST
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