The European Central Bank Raises Interest Rates for the First Time in Almost Three Years

BlockBeats News, June 11th, the European Central Bank raised the deposit facility rate from 2.00% to 2.25%, the first rate hike in nearly three years, in line with market expectations. The main refinancing rate and the marginal lending rate were also increased to 2.40% and 2.65%, respectively. (FXStreet)