PeaQ News Vol3 No 9

Meetings at Central Banks dominated headlines in September. The US Fed maintained its benchmark interest rate unchanged in the range of 5.25%-5.50% (a 22-years high). The BoE also held its key rate at 5.25%. The ECB raised its rates for the 10th consecutive time, bringing the main refinancing operations, marginal lending facility and the deposit facility to 4.50%, 4.75% and 4.00% respectively. In Mauritius, the BoM maintained the key rate at 4.50%.