The ECB stays with rates at 0.00%, 0.25% and -0.50% respectively

The Governing Council decided to reconfirm its very accommodative monetary policy stance. First, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing Council expects the key ECB interest rates to remain atContinue reading “The ECB stays with rates at 0.00%, 0.25% and -0.50% respectively”

ECB LEAVES RATES UNCHANGED AND EXPANDS PEPP BY 500 BILLION EUROS UNTIL MARCH 2022

In view of the economic fallout from the resurgence of the pandemic, today the Governing Council recalibrated its monetary policy instruments as follows: First, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00 per cent, 0.25 per centContinue reading “ECB LEAVES RATES UNCHANGED AND EXPANDS PEPP BY 500 BILLION EUROS UNTIL MARCH 2022”

ECB; THE RATES STAYS ON HOLD

In the current environment of risks clearly tilted to the downside, the Governing Council will carefully assess the incoming information, including the dynamics of the pandemic, prospects for a rollout of vaccines and developments in the exchange rate. The new round of Eurosystem staff macroeconomic projections in December will allow a thorough reassessment of theContinue reading “ECB; THE RATES STAYS ON HOLD”

THE ECB REMAIN RATES UNCHANGED AT 0.00%, 0.25% AND -0.50%

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing Council expects the key ECB interest ratesContinue reading “THE ECB REMAIN RATES UNCHANGED AT 0.00%, 0.25% AND -0.50%”

ECB LEAVES RATES UNCHANGED; WATCH LIVE PRESS CONFERENCE HERE WITH US

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing Council expects the key ECB interest ratesContinue reading “ECB LEAVES RATES UNCHANGED; WATCH LIVE PRESS CONFERENCE HERE WITH US”