The European Central Bank (ECB) has increased its deposit facility rate from 2.00% to 2.25%, marking the first rate hike in nearly three years. This move aligns with market expectations as the ECB aims to address inflationary pressures. Additionally, the main refinancing rate has been raised to 2.40%, and the marginal lending rate to 2.65%. These adjustments reflect the ECB's ongoing efforts to stabilize the eurozone economy amid persistent inflation concerns.