We have raised interest rates for the first time in 11 years, and more increases are likely in the coming months.
🔵 Why have we raised interest rates?
🔵 How do they affect inflation?
🔵 What does this decision mean for you?
Read our explainer https://www.ecb.europa.eu/ecb/educational/explainers/tell-me-more/html/interest_rates.en.html