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
Inflation – Have central banks lost control?
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The Fed lowers its benchmark rate but stop there
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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…