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- ECB monetary policy decision
ECB monetary policy decision
Key interest rates were left unchanged, as widely expected
- Main refinancing rate 0.00%
- Marginal lending facility 0.25%
- Deposit facility -0.40%
Forward guidance on interest rate was changed
- The key ECB interest rates are now expected to remain at their present levels at least through the end of 2019
The launch of new targeted longer-term refinancing operations (TLTRO-III) was announced
- TLTRO-III will start in September 2019 and end in March 2021, each with a maturity of two years
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