Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The European Central Bank raised the base rate to 4% per annum


June, 15 2023
watermark Economic news

The Governing Council of the European Central Bank has raised its key interest rate by 25 basis points. As a result, the base rate reached 4%. The meeting of the ECB Governing Council was held in Frankfurt. The central bank last raised its base rate by 25 basis points on May 4.


The base interest rate on loans was increased to 4%, the deposit rate – to 3.5%, the rate on margin loans – to 4.25%.


The regulator noted that the increase in the base interest rate was taken to curb high inflation in the eurozone, which currently stands at 6.1%. 


Analysts assume that the increase in the interest rate will affect many residents of Estonia, as it will lead to an increase in Euribor, which is associated with a significant part of housing loans and leasing agreements issued in Estonia.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.