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ECB Leaves Key Refi Rate Unchanged At 1%

Submitted by Tyler Durden on 02/09/2012 08:46 -0400

As expected.

9 February 2012 - Monetary policy decisions

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 1.00%, 1.75% and 0.25% 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.

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Thu, 02/09/2012 - 08:48 | 2141047 falak pema

Draghi of Loch Ness knows his math. As he prints big LTRO from back door of his Loch on Frankfurt.

Thu, 02/09/2012 - 08:49 | 2141048 GeneMarchbanks

Should've raised it 10%. End the Comedy.

Thu, 02/09/2012 - 08:51 | 2141052 Clam McCain

Doesnt matter - the Greeks are revolting.

Thu, 02/09/2012 - 08:52 | 2141053 LuKOsro

Let loose the dogs of war!!!

http://journey-to-alpha.blogspot.com/

Thu, 02/09/2012 - 08:54 | 2141061 lolmao500

Pussies! Raise it to the moon!

Thu, 02/09/2012 - 09:02 | 2141078 Irish66

Romania new government pro american

Thu, 02/09/2012 - 09:09 | 2141092 LuKOsro

What do you mean sir? Was there any Romanian governments which expressed anti-American views?

Thu, 02/09/2012 - 09:04 | 2141083 youngman

It really does not matter anymore what the rate is..when you are the end buyer of your own debt...you would think with all that demand for your debt it would be going up...unless you are the only buyer....

Thu, 02/09/2012 - 09:06 | 2141088 lolmao500

Finland new government, pro-America!

Thu, 02/09/2012 - 09:15 | 2141113 sbenard