ECB, First Pause After 10 Consecutive Interest Rate Hikes
Base Interest Rate 4.5% Per Annum, Deposit Interest Rate 4.0% Per Annum
The European Central Bank (ECB) kept its key policy rates unchanged on the 26th (local time).
![Christine Lagarde, President of the European Central Bank (ECB) <br>[Photo by AFP Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2023102621495230694_1698324592.jpg)
Christine Lagarde, President of the European Central Bank (ECB)
[Photo by AFP Yonhap News]
At the monetary policy meeting on the day, the ECB announced that the main refinancing rate was held steady at 4.5% per annum, the deposit rate at 4.0% per annum, and the marginal lending rate at 4.75% per annum.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
The ECB had raised rates 10 consecutive times since July last year but has put the brakes on for the first time this time.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
