European Central Bank Governing Council decides to raise key ECB interest rates, Frankfurt Am Main, Germany - 27 Jul 2023
European Central Bank (ECB) President Christine Lagarde addresses a press conference following the ECB Governing Council meeting in Frankfurt am Main, Germany, 27 July 2023. The Governing Council on 27 July, decided to raise the three key ECB interest rates by 25 basis points, to ensure that inflation returns to its 2 percent medium-term target, according to European Central Bank.