ECB press conference highlights

ECB President Draghi’s Press Conference

June 3, 2015

The ECB refinancing rate was left at 0.05%, flanked by a negative 0.2% deposit rate and a 0.3% marginal lending rate.  In June and September, key rates were cut by a combined twenty, twenty and forty-five basis points, respective.  Quantitative stimulus at an average pace of EUR 60 billion per month to run through September […] More