ECB sees interest rates unchanged at least through 2019
08:00
European Central Bank (ECB) decided to keep the rate on the main refinancing operations unchanged at 0.00 percent. The rates on the marginal lending facility and the deposit facility also remained at the current level of 0.25 percent and -0.40 percent respectively.
The Governing Council now expects the key ECB interest rates to remain at their present levels at least through the end of 2019.
ECB added that a new series of quarterly targeted longer-term refinancing operations (TLTRO-III) will be launched, starting in September 2019 and ending in March 2021.
Warsaw Business Journal
