The European Central Bank raised its deposit rate on June 5th to counteract rising inflationary pressures within the Eurozone.

1 report, 1 independent Updated Jun 5

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

European Central Bank

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Part of

Middle East conflict drives European energy crisis and inflation

Also in this story

Inflation drives public demand for relief, with data monitored by Eurostat in Brussels.Oct 20

All 5 developments

The entities involved

European Central Bank
central bank of the European Union and the eurozone
- The Middle East conflict is causing oil price increases and inflation, leading central banks to manage policy amid global pressures.Fri 21:32
- The OCC approved the merger of Webster Bank into Santander Bank N.A., which must still receive approval from the European Central Bank.Fri 19:33

Related events

Global central banks, including the ECB and RBI, are raising interest rates.Sep 17

Coverage

Newest first; wire copies grouped

Jun 5myanmarnews.net