ECB slows pace of rate hikes to 25bps, but is not pausing
by AIB Treasury's Economic Research Unit
The May meeting of the ECB’s Governing Council saw the central bank raise rates by 25bps, bringing the key deposit rate up to 3.25%. Thus, the ECB has slowed the pace of rate tightening following 50bps hikes in March, February and December and two 75bps rate increases last autumn
