ECB Keeps Rates Unchanged As Expected

Tyler Durden's picture

No surprises from Draghi this time, although judging by the kneejerk reaction in the USDJPY, at least one algo was expected a little something from the former Goldmanite.

From the ECB:

At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.15%, 0.40% and -0.10% respectively.


The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.

And now, as per tradition, everyone will focus on the Draghi press conference in 45 minutes time for further clarification from the central banker.

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GetZeeGold's picture



Yes....I absolutely did expect that.


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Cattender's picture

not interested in COUGARS myself.. LOL!!!

Spitzer's picture

ECB let's the Fed do the printing. Banks in Europe are the dollars problem

medium giraffe's picture

Rabbit in the headlights policy remains on target for something or other.

yogibear's picture

Goldman bankster soldiers act as expected.

buzzsaw99's picture

he can't do much with the eur/usd below the 1.35 peg. #WINNING!

Spitzer's picture

EU central bankers are closet Keynesians. They want a strong Euro

firstdivision's picture

Can someone ask Draghi if any additional funds were deposited in a Belgium account this past week?

Squid Viscous's picture

i'm gonna go out on a limb and say...Bullish!