Macro18h ago
EIA Crude Inventories Draw 0.4M vs Forecast 1.4M Draw
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Editor·1 min read
ECB Hikes by 25 bps as Expected; Main Refi to 2.65%
ECB hikes 25 bps as expected: Main Refi to 2.65%, marginal lending 2.9%, deposit facility 2.5%. Staff projections accompany the print; Lagarde press conference is a separate follow.
E
Editor
Sep 10, 2026 · 23h ago
1 min read7 views
The European Central Bank raised key rates by 25 basis points at its September meeting, as expected.
Decision stamp
The ECB announced it raised key rates by 25 basis points following the September meeting, as expected. With this decision, the main refinancing operations rate, the marginal lending facility rate and the deposit facility rate stood at 2.65%, 2.9% and 2.5%, respectively.
Calendar stamps
Main Refi Actual 2.65% = Forecast 2.65% / Previous 2.40%; Monetary Policy Statement out with the decision.
The decision is accompanied by staff’s updated economic projections; ECB President Christine Lagarde’s press conference is at 12:45 GMT (~18:15 IST). Follows EUR/USD ahead of ECB.
Next
Lagarde PC reaction is a separate follow if the tape moves.
Also see: EUR/USD Weakens Near 1.1604 Despite ECB Hike as US PPI Prints Hot.
Also see: Lagarde: Inflation Well Above Target Into 1H27; ECB Data-Dependent on Further Tightening.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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