FRANKFURT - The Board of the ECB has raised the 'area euro a quarter point from 3.25% to 3.50% as widely expected by markets and analysts. The last intervention rate back to 5 October this year, and saw a similar increase of 0.25%, while there was a break in the meeting on 2 November when the board of the leaves ² the cost of borrowing unchanged. With today's decision the cost of borrowing in the Eurozone back to the levels of March 2000. The rate on the marginal lending facility at 4.50% salt, the deposit facility at 2.50%.
Since December last year, the ECB has operated six elevations, all of 25 basis points.

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