The European Central Bank held a monetary policy meeting on the 2nd and decided to raise interest rates by 0.5%.

At the same time, the Bank announced that it will raise interest rates by an additional 0.5% next month, giving priority to curbing inflation amid concerns about an economic recession in the euro zone.

The European Central Bank held a board meeting in Frankfurt, Germany, where it is headquartered, on the 2nd and decided to raise the main policy rate by 0.5% to 3.0%.



Interest rates have been raised five times in a row since July last year.



In addition, he also announced a policy to raise interest rates by an additional 0.5% at the next meeting next month.



Eurozone consumer price index inflation fell for the third month in a row last month to 8.5% compared to the same month last year.



On the other hand, partly due to the impact of the interest rate hike, the growth rate of GDP (gross regional product) in the euro area from October to December last year was +0.1% compared to the previous three months, indicating a clear trend of economic slowdown. .



In a statement, the European Central Bank announced its policy to raise interest rates at the next meeting in consideration of inflationary pressure, thereby emphasizing the stance of prioritizing the control of inflation amid concerns about a recession in the euro area. .