ECB Keeps Rates Unchanged Ahead Of Draghi Press Conference

While there will be far more focus on Mario Draghi's press conference in 45 minutes, where there is no expectation of another glitter bomb this time due to much more stringent press screening measures, the ECB just announced that, as expected, it is keeping it three key rates unchanged.

From the ECB:

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 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.

Attention now turns to the press conference in exactly 45 minutes.