ECB policy statment

ECB Left Policy Settings Unchanged But Risks Tilted to the Downside

September 10, 2020

The deposit, refinancing and marginal lending facility interest rates of the European Central Bank have been left at -0.5%, 0.0%, and 0.25%. It’s been a year since the deposit rate was reduced 10 basis points more deeply into the red. The Governing Council led by Christine Lagarde also retained all of its quantitative policy settings […] More