Central Bank Watch
ECB Review
June 2, 2016
The Governing Council left key interest rates unchanged. The last changes in March sliced the refinancing rate and marginal lending facility rate by 5 basis points each to zero and 0.25%, respectively, and the deposit rate by 10 basis points to negative 0.40%. A released statement from ECB President Draghi placed the focus on implementing […] More
New Overnight Developments Abroad - Daily Update
Central Bank News from Japan as Investors Await ECB Press Conference
June 2, 2016
Bank of Japan Board member Sato spoke sharply in opposition to the current policy stance. He had voted against negative interest rates earlier this year and is even more convinced now that the strategy of quantitative easing and negative interest rates no matter what in an effort to restore 2% inflation as soon as possible […] More
