European Central Bank Raises Interest Rates After 11 Years, By More Than Expected
European Central Bank Raises Interest Rates After 11 Years, By More Than Expected
欧洲央行时隔11年再次加息，幅度超出预期
- The European Central Bank (ECB) raised its benchmark deposit rate by 50 basis points to 0%, breaking its earlier guidance for a 25 basis point move as it joins global peers to curb record-high inflation in the eurozone.
- It was the eurozone central bank's first rate hike for 11 years.
- The central bank also raised the rate on its weekly and daily cash auctions by 50 basis points to 0.50% and 0.75%, respectively, and signaled that further increases in its three rates were likely to come this year.
- "At the Governing Council's upcoming meetings, further normalization of interest rates will be appropriate," the ECB said. "The frontloading today of the exit from negative interest rates allows the Governing Council to make a transition to a meeting-by-meeting approach to interest rate decisions."
- The ECB also approved a new tool, the Transmission Protection Instrument (TPI), to cushion the increasing borrowing costs.
- "TPI can be activated to counter unwarranted, disorderly market dynamics that pose a serious threat to the transmission of monetary policy across the euro area," ECB said.
- "The scale of TPI purchases depends on the severity of the risks facing policy transmission. Purchases are not restricted ex-ante," the ECB said.
- Photo via Wikimedia Commons
- 欧洲央行(ECB)将基准存款利率上调50个基点，至0%，打破了早先25个基点的指引，加入全球同行的行列，遏制欧元区创纪录的高通胀。
- 这是欧元区央行11年来首次加息。
- 央行还将每周和每日现金拍卖的利率上调50个基点，分别至0.50%和0.75%，并暗示今年可能会进一步上调这三种利率。
- “在管理委员会即将召开的会议上，利率进一步正常化将是适当的，”欧洲央行表示。“今天提前退出负利率，使管理委员会能够过渡到逐次会议决定利率的方式。”
- 欧洲央行还批准了一种新的工具--传输保护工具(TPI)，以缓冲不断上升的借贷成本。
- 欧洲央行表示：“TPI可以被激活，以对抗对整个欧元区的货币政策传导构成严重威胁的毫无根据的、无序的市场动态。”
- 欧洲央行表示：“购买TPI的规模取决于政策传导面临的风险的严重程度。购买在事前不受限制。”
- 通过Wikimedia Commons拍摄的照片