5,191.83 TL BIST 100 BIST 100
18.82 $ USD USD
€20.48 EUR EUR
€1.09 EUR/USD EUR/USD
9.14 TL Interest Interest
86.66 $ Fossil Oil Fossil Oil
4.23 $ Copper Copper
23.60 $ Silver Silver
126.64 $ Iron Ore Iron Ore
403.00 $ Ship Dismantling Ship Dismantling
1,164.69 TL Gold (gr) Gold (gr)

The decision to increase interest rates from the European Central Bank!

The interest rate decision of the European Central Bank, which the markets have been eagerly waiting for, has been announced. The ECB increased its policy rate by 75 basis points for the first time in its history.

The decision to increase interest rates from the European Central Bank!

As expected, the European Central Bank (ECB) increased the interest rate by 75 basis points and the refinancing rate rose to 1.25%. Thus, the ECB made the largest rate hike in its history. The bank had increased by 50 basis points in its previous meeting.

In the statement made by the ECB, "We will continue to monitor the funding conditions of banks. We have taken steps to front-load interest rates to levels that will allow inflation to return to the 2 percent target in the medium term."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

UK plans to impose carbon tax on steel imports

Wednesday, January 25, 2023

Australia demands that coal miners set aside some of their production for local needs

Sunday, January 22, 2023

Window, Door and Glass Sector Focused on This Fair

Sunday, January 22, 2023

Severstal, NLMK and MMK are trying to resolve the dispute with FAS

Friday, January 20, 2023

European Parliament votes for Waste Shipment Regulation

Thursday, January 19, 2023
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Feedback
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now