The European Central Bank raised key rates by 25 basis points on Thursday, taking the deposit facility to 2.50 percent, citing energy-driven inflation. [1] The Governing Council's own statement is the vote. [1] The New York Times filed the same decision. [2] A hike is a rate. It is not a tanker.
Thursday's oil hold above 100 is the price context, not the ballot. [1] Do not write Frankfurt as CENTCOM. Do not write a 108 print that belongs to a later edition. Print 25 basis points. Print 2.50 percent. Leave the next barrel to the lead.
Staff projections and August's energy spike are the inflation file the council named. [1] They are not a second vote. Effective dates after Thursday are a calendar, not a second meeting. Print Thursday's hike. Do not invent a follow-up tent.
Print the quarter point. Keep it off the Brent lede. Leave a named later vote to the edition that owns a named later vote.
-- HENDRIK VAN DER BERG, Brussels