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ECB Past Records:

 

Updates on 6 June 2019:

ECB: Watch ECB Press Conference on 6 June 2019.

 

ECB Monetary Policy Decisions:

(1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council now expects the key ECB interest rates to remain at their present levels at least through the first half of 2020, and in any case for as long as necessary to ensure the continued sustained convergence of inflation to levels that are below, but close to, 2% over the medium term.

 

(2) The Governing Council intends to continue reinvesting, in full, the principal payments from maturing securities purchased under the asset purchase programme for an extended period of time past the date when it starts raising the key ECB interest rates, and in any case for as long as necessary to maintain favourable liquidity conditions and an ample degree of monetary accommodation.

 

(3) Regarding the modalities of the new series of quarterly targeted longer-term refinancing operations (TLTRO III), the Governing Council decided that the interest rate in each operation will be set at a level that is 10 basis points above the average rate applied in the Eurosystemís main refinancing operations over the life of the respective TLTRO. For banks whose eligible net lending exceeds a benchmark, the rate applied in TLTRO III will be lower and can be as low as the average interest rate on the deposit facility prevailing over the life of the operation plus 10 basis points.

 

ECB Press Conference Introductory Statement is here.

 

ECB has set up an internal task force to develop a common understanding of crypto-assets and to assess whether they have an impact on the ECBís core areas of responsibility. See the outcome.

 

See the Macroeconomic Projections for the Euro Area.

 

See the ECB announced details on new targeted longer-term refinancing operations (TLTRO III)

 

Updates on 10 April 2019:

ECB Press Conference 10 April 2019

ECB decided to keep the key ECB interest rates unchanged. They are to remain at their present levels at least through the end of 2019, and in any case for as long as necessary to ensure the continued sustained convergence of inflation to levels that are below, but close to, 2% over the medium term.

Details on the precise terms of the new series of targeted longer-term refinancing operations (TLTROs) will be communicated at one of the forthcoming meetings. In particular, the pricing of the new TLTRO-III operations will take into account a thorough assessment of the bank-based transmission channel of monetary policy, as well as further developments in the economic outlook.

Check: Key ECB interest rates

 

Other past records were being wiped off in our terminated Twitter account on 10 April 2019.

 

 

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