ECB Decision: 50 Bps Hike, No Signs on Next Move

The video discusses recent changes in inflation rates and forecasts. The deposit rate has increased from 2.5% to 3%, and the refinancing rate has also been raised by 50 basis points. Inflation is projected to drop to 5.3% in 2023 and further to 2.9% in 2024. However, it is expected to remain high for an extended period. The video also explores the potential for future rate increases and the shift towards data-dependent decision-making.

What is the new deposit rate mentioned in the text?

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How much did the inflation rate drop from the previous forecast?

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What was the last inflation rate mentioned in the text before the projections?

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What is the projected inflation rate for 2023 according to the text?

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What does the text suggest about the future actions regarding interest rates?

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