Olaf Sleijpen

Dutch economist and professor

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Jun 11
ECB raises deposit rate to 2.25%, first hike since September 2023, to combat 3.2% inflation fuelled by Iran war
The European Central Bank raised its benchmark deposit rate by a quarter-point to 2.25% on Thursday, its first increase in nearly three years, as the war in Iran clogs the Strait of Hormuz and sends energy prices soaring across the eurozone.
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