Webpred 8 hodinami · Euro zone core inflation — which excludes volatile energy, food, alcohol and tobacco prices — reached an all-time record of 5.7% in March, up from 5.6% in February. WebKey interest rates Our primary monetary policy instrument is the set of ECB policy rates. The Governing Council of the ECB sets three rates. The interest rate on the main refinancing operations. In these operations banks can borrow funds from the ECB against collateral on a weekly basis at a pre-determined interest rate.
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Fed needs to keep raising interest rates, Waller says
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