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European Central Bank
Started streaming 1 hour ago
Started streaming 1 hour ago
At
today’s meeting the Governing Council of the ECB decided that 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 -0.40% respectively. The Governing Council
continues to expect the key ECB interest rates to remain at present or
lower levels for an extended period of time, and well past the horizon
of the net asset purchases.
Regarding non-standard monetary policy measures, the Governing Council confirms that the monthly asset purchases of €80 billion are intended to run until the end of March 2017, or beyond, if necessary, and in any case until it sees a sustained adjustment in the path of inflation consistent with its inflation aim.
Regarding non-standard monetary policy measures, the Governing Council confirms that the monthly asset purchases of €80 billion are intended to run until the end of March 2017, or beyond, if necessary, and in any case until it sees a sustained adjustment in the path of inflation consistent with its inflation aim.
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