ECB maintains status-quo, leaves interest rates/QE unchanged
|At its monetary policy meeting held today, the Governing Council of the European Central Bank (ECB) decided to maintain status quo and leave key benchmark interest rates unchanged.
• Main refinancing operations: 0.00%
• Interest rates on the marginal lending facility: 0.25%
• Deposit facility: -0.40%
The central bank also maintained the pace of its asset purchases at EUR 30 billion per month, at least until the end of September 2018, or beyond, if necessary.
Attention now turns to ECB President Mario Draghi's post-meeting presser, where his comments would be closely scrutinized for clues over the future path of the monetary policy.
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