President Draghi

ECB Press Conference Reviewed

June 6, 2013

By consensus, members of the 23-person ECB Governing Council concluded today that conditions had not changed sufficiently in a one-directional way since their May easing to grant further action now, so the refinancing rate, deposit rate, and marginal lending rate were left respectively at 0.5%, 0.0%, and 1.0%.  A statement hinted officials, nonetheless, will maintain […] More