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ECB leaves key interest rates unchanged in October monetary policy meeting

Prior decisionMain refinancing rate 4.50% vs 4.50% expectedPrior 4.50%Deposit facility rate 4.00% vs 4.00% expectedPrior 4.00%Marginal lending facility 4.75%Prior 4.75%Incoming information has broadly confirmed previous assessment of medium-term inflation outlookInflation is still expected to stay too high for too longPast interest rate increases continue to be transmitted forcefully into financing conditionsThis is increasingly dampening demand and thereby helps push down inflationKey interest... Read More

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Content Topics

Leaves

Interest

Rates

Unchanged

October

Monetary

Policy

Meeting

Forex

Posted: Oct 26 2023, 12:15

Author Name: forexlive

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