ECB Had Kept Its Main Rates Unchanged

26 Ekim 2018

The European Central Bank (ECB) took no action on Thursday, leaving its benchmark interest rates unchanged. The interest rate on the main refinancing operation, the marginal lending facility, and the deposit facility sit at 0.00%, 0.25% and -0.40% respectively. The expectation is that these rates remain at their present levels at least through the summer of 2019.The central bank’s president said in a subsequent press conference that he expected euro zone inflation to pick up despite weaker momentum. Draghi also said he was confident that Rome and the European Commission would end an ongoing disagreement over Italy’s fiscal spend. (25.10.2018)
 
Source: CNBC
Post by : Republic of Turkey Ministry of Trade