ECB interest rate hikes explained
Video on the ECB's rate hikes in response to the high inflation.
I explain what the deposit facility rate, the main refinancing operations rate, and TLTRO III are.
And I calculate the effect of the new interest rates on the interest payments of the ECB to commercial banks.
My book is BANKERS ARE PEOPLE TOO: https://www.amazon.com/Bankers-are-pe...