Following today's meeting, the European Central Bank raised all three key interest rates by 50 basis points. The base interest rate on loans has been increased to 3%, the deposit rate to 2.5%, and the rate on margin loans to 3.25%.ECB representatives noted that the governing council intends to continue raising rates at a steady pace and keep them at a level that significantly limits economic activity in order to achieve a return of inflation to the 2% target.Due to the continuing inflationary pr... Read More