- Gozo News - https://gozo.news -

European Central Bank cuts main interest rate to 0.15%

European Central Bank cuts main interest rate to 0.15%At today’s meeting the Governing Council of the European Central Bank took the following monetary policy decisions:

The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.15%, starting from the operation to be settled on 11 June 2014.

The interest rate on the marginal lending facility will be decreased by 35 basis points to 0.40%, with effect from 11 June 2014.

The interest rate on the deposit facility will be decreased by 10 basis points to -0.10%, with effect from 11 June 2014.

[1] [2] [3]