The Governing Council of the ECB has decided, the ECB's three key interest rates respectively 50 Basis points to raise. Accordingly, the interest rate for the main refinancing operations as well as the interest rates for the marginal lending facility and the deposit facility will become effective as of 8. February 2023 on 3,00 %, 3,25 % or. 2,50 % elevated.
The ECB bases its approach on the continued high inflation and the achievement of targets 2,0% inflation rate. The level of the US central bank FED is still well above the level of the ECB. To avoid imported inflation, the ECB is guided by, among other things,. on the behavior of the Fed.
You can find further information on the ECB website.