As expected, the ECB leaves rates unchanged at its July policy meeting. Draghi press conference up next in 45 minutes.
- ECB LEAVES BENCHMARK INTEREST RATE UNCHANGED AT 0.050%
- ECB LEAVES MARGINAL RATE UNCHANGED AT 0.300%
- ECB DEPOSIT FACILITY RATE UNCHANGED AT MINUS 0.200%
Full presser preview here [5].
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Monetary policy decisions
July 16
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 0.05%, 0.30% and -0.20% respectively.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 14.30 CET today.