Frankfurt (Germany) (EFE) they reach the real economy.
After the meeting of the Governing Council, the ECB reported that it also increases the credit facility, which it lends to banks overnight, by 25 basis points, up to 4%, and the deposit facility, which it remunerates to the banks the excess reserves to one day, up to 3.25%.
The ECB explained that “inflation is going to be too high for too long” and therefore decided to raise interest rates further because, despite the fact that headline inflation has fallen in recent months, the pressures on core prices remain very high. powerful.