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ECB did not change interest rates

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ECB did not change interest rates
December 14
09:00 2018

The European Central Bank has held a meeting, at which decided to keep the base interest rate at the current level.

The interest rate on deposits has remained the same (- 0.4%), while the rate on marginal loans is 0.25%. Such a step has completely coincided with market forecasts.

A little earlier, the European Central Bank reported that it was going to leave everything as it was until the end of August next year.

The coincidence of reality with forecasts should cause a slight strengthening of the single European currency.    

      

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

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