The key interest rate of the banks has been increased. How should this be evaluated?

Hello,

I am surprised that this is not here yet. :)
I read yesterday that the key interest rate has been adjusted.

I had in mind (and also find this information online) that it was previously at 0.05%.

Now I have read that it was raised from 0.00% to 0.25% up to 0.25% to 0.50%.
I can’t make much sense of these range indications.

Does that now mean that the increase is 1/4%? Do banks pass on such increases 1:1, or do you have to multiply by a factor x to get the surcharge for a possible loan?

How do you evaluate this first increase in 10 years?

Best regards

The effects for us are = 0, as it concerns the American key interest rate (short-term).

Oops, so it has nothing to do with the ECB? Then I guess I was a bit confused. For all I care, the whole topic can go away. :)

if we abolish the euro and introduce the dollar then yes.

By the way, the ECB lowered the deposit rate for banks to -0.3 last week. It is supposed to further stimulate lending

That's over my head. A negative value - so the banks actually get money as a reward for borrowing money from the central bank - or money is taken away if they leave money there and don't withdraw it? But I must also admit that I have never seriously dealt with the topic of the key interest rate.

on the deposit interest rate, means you pay money for leaving your money there.