The ECB has cut its main refinancing rate by 25bp at 0.25%.
The deposit facility rate remains at 0%.
The marginal lending rate is reduced by 25bp at 0.75%
On the same topic
The Fed lowers its benchmark rate but stop there
The Fed lowers its benchmark rate to 1.5-1.75%. It says it wants to take a break. It downplayed expectations of another cut this year. The three drops this year are…
Some thoughts on US monetary policy*
The US central bank – the Federal Reserve – has trimmed its key interest rate again, marking a further step forward down a new track. Its monetary policy is now…
The Federal Reserve reduces its rate as expected
The Federal Reserve reduced its interest rate by 25 basis points. It is now moving in the 1.75 – 2.00% corridor. The median rate for 2019 remains at the current…