Bloomberg
US · 27 mins ago
✓ Factual
ECB Raises Rates for First Time Since 2023
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Quality 25/100
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Low partisan intensity — consistent with factual reporting⚠ Misleading headline
The European Central Bank raised its deposit rate to 2.25% from 2%, citing inflationary pressures linked to the Iran war.
ECB Raises Rates for First Time Since 2023
The European Central Bank raised interest rates for the first time in almost three years, concluding it can no longer ignore the upswing in inflation caused by the Iran war. The deposit rate was lifted to 2.25% from 2%. Bloomberg's Oliver Crook reports from Frankfurt. (Source: Bloomberg)
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