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ECB keeps interest rates unchanged

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The governing council of the European Central Bank (ECB) on Wednesday kept the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.05%, 0.30% and -0.20% respectively.

    The decision to keep rates unchanged is largely in line with the market expectations. Investors now await ECB Draghi’s press conference. Markets would be interested to see if Draghi hints at more QE in December or stays non-committal.
    For more information, read our latest forex news.
     

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