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6/2/2016, 1:45 PM (Source: TeleTrader)
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ECB keeps rates unchanged

European Central Bank (ECB) announced on Thursday it decided to leave interest rates unchanged.

Interest rates on the main refinancing operations will remain at 0.00%, on the marginal lending facility at 0.25% and the deposit facility at -0.40%.

Starting from June 8, the Eurosystem will launch purchases under its corporate sector purchase programme (CSPP). Also, starting from June 22 the bank will start its first operation in its new series of targeted longer-term refinancing operations.

The central bank's President Mario Draghi will hold a press conference later today at 2:30 p.m. CET.

Details on the CSPP will be released after the press conference.

 

Breaking the News / DN