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ECB leaves interest rates unchanged at July 2016 governing council meeting

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 21, 2016.

  1. ForexLive

    ForexLive Forum Member

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    ECB governing council announcement 21 July 2016 - QE to run until March 2017 at least PRESS RELEASE 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 0.00%, 0.25% and -0.40% respectively. The Governing Council continues to expect the key ECB interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the net asset purchases.

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